Four Companies Driving the Car Industry into the Future

16.06.2016 • Gold and Natural Resources

From Revolutionary Tech Investor (AUSTRALIA)-

21st century cars are not just cars anymore. Once you hop into your car you can connect multiple devices to make your ride more efficient and enjoyable.

Nothing good on the radio? No problem, just connect your phone via Bluetooth and listen to all your favourite hits.

Need to call someone while driving but don’t want to get fined? Too easy. Again, connect your smartphone to your car’s computer for a hands free conversations.

Now neither of these scenarios are new. Cars have had these sorts of features for a number of years.

But this adoption of connectivity will only increase. And it could all change quicker than you think.

Last Wednesday, Qualcomm Incorporated [NASDAQ:QCOM] announced their recent progress with their Connected Car Reference Platform. The Platform aims to accelerate the rate at which cars connect with more things.

What they are really doing is creating the next generation of connected cars. As a leader in their industry, Qualcomm have shipped more than 340 million computer chips for products to over 20 automakers.

The Platform was developed to keep up with the ever increasing set of automotive enhancements. These include 4G LTE, Wi-Fi, Bluetooth and vehicle-to-everything (V2X) communications.

The Platform is also designed to solve challenges such as wireless coexistence and future-proofing, and to support a large amount of in-car hardware. Qualcomm expects their Platform to be available by the end of 2016…

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