AIRLINK 71.79 Increased By ▲ 2.59 (3.74%)
BOP 5.04 Increased By ▲ 0.14 (2.86%)
CNERGY 4.32 Increased By ▲ 0.06 (1.41%)
DFML 31.80 Increased By ▲ 0.55 (1.76%)
DGKC 80.80 Increased By ▲ 3.55 (4.6%)
FCCL 21.31 Increased By ▲ 1.31 (6.55%)
FFBL 35.35 Increased By ▲ 0.35 (1%)
FFL 9.30 Increased By ▲ 0.18 (1.97%)
GGL 9.80 No Change ▼ 0.00 (0%)
HBL 112.20 Decreased By ▼ -0.56 (-0.5%)
HUBC 136.15 Increased By ▲ 3.11 (2.34%)
HUMNL 7.04 Increased By ▲ 0.09 (1.29%)
KEL 4.38 Increased By ▲ 0.15 (3.55%)
KOSM 4.38 Increased By ▲ 0.13 (3.06%)
MLCF 37.69 Increased By ▲ 1.09 (2.98%)
OGDC 138.30 Increased By ▲ 5.43 (4.09%)
PAEL 23.49 Increased By ▲ 0.85 (3.75%)
PIAA 24.63 Increased By ▲ 0.43 (1.78%)
PIBTL 6.60 Increased By ▲ 0.14 (2.17%)
PPL 123.65 Increased By ▲ 7.35 (6.32%)
PRL 27.00 Increased By ▲ 1.10 (4.25%)
PTC 13.30 Increased By ▲ 0.22 (1.68%)
SEARL 52.31 Increased By ▲ 0.31 (0.6%)
SNGP 70.70 Increased By ▲ 3.10 (4.59%)
SSGC 10.50 Decreased By ▼ -0.04 (-0.38%)
TELE 8.35 Increased By ▲ 0.07 (0.85%)
TPLP 11.00 Increased By ▲ 0.20 (1.85%)
TRG 60.11 Increased By ▲ 0.82 (1.38%)
UNITY 25.12 Decreased By ▼ -0.01 (-0.04%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,537 Increased By 128.8 (1.74%)
BR30 24,755 Increased By 718.9 (2.99%)
KSE100 71,919 Increased By 1252.4 (1.77%)
KSE30 23,609 Increased By 385.4 (1.66%)

BERLIN: Volkswagen has set up a years-long partnership with US chip maker Qualcomm to develop automated driving technology, with the contract set to run until 2031, the German daily Handelsblatt reported on Monday.

The car giant will use Qualcomm’s system-on-a-chip (SoC), developed specifically for automated driving, across all brands worldwide starting in 2026, the newspaper said citing company sources.

Volkswagen sees impact of Ukraine war despite profit bounce

Volkswagen CEO Herbert Diess travelled to Qualcomm’s headquarters in San Diego in mid-April, where they agreed to the conditions of the deal, which sources say will cost VW around 1 billion euros, according to Handelsblatt.

Comments

Comments are closed.