Qualcomm Will Provide Chips For Displays And Voice Functionality To BMW And Mercedes
Qualcomm, a U.S. semiconductor company, has announced that it will be supplying chips to power in-car infotainment systems to Mercedes and BMW, two luxury automakers. While Qualcomm is the leading smartphone chip supplier, the smartphone market has seen a decline over the past year. However, the company has managed to grow its automotive revenue by […]
RBA Continues Rate Pause as Lowe Leaves With Prices Declining
Australia’s central bank, the Reserve Bank, has decided to maintain its cash rate at 4.1% for a third consecutive meeting, as widely anticipated by both markets and economists. Governor Philip Lowe’s term is set to end on September 17, and he maintained a tightening bias for the Australian economy as inflation remains subdued. The decision […]