Steven Mollenkopf on 5G impact
From Snapdragon 835 release | CES 2017 by Steve mollenkopf · · Farhan Tajuddin
“5g is not an incremental improvement in connectivity or even just a new generation of mobile and that new network will change the way we live the way we work and even the way we relate to each other the world around us our homes cars cities manufacturing and healthcare will become more intelligent automated and interconnected entire industries will change and emerge as data speeds go up and data costs come down.”
On , Steven Mollenkopf, Former Chief Executive Officer at Qualcomm, spoke about 5G impact during Snapdragon 835 release | CES 2017 by Steve mollenkopf on Farhan Tajuddin.
About Steven Mollenkopf
In 2018, Mollenkopf expressed disappointment over the termination of Qualcomm's deal to acquire NXP Semiconductors, but noted that the company had grown its non-mobile revenue to $5 billion, a 70% increase since the deal was signed. He stated that Qualcomm did not see a change in China's posture toward the company despite the deal's failure, and described the business environment there as "very friendly" and "very constructive." Throughout 2019 and 2020, Mollenkopf described 5G as a fundamental technology change comparable to electricity or water, and cited an IHS study estimating it would generate $13.2 trillion in economic value by 2035. He said that 5G would disrupt industries including healthcare, energy, retail, and manufacturing. Mollenkopf also stated that he did not expect a separation of international 5G standards, saying it was not in the interest of companies like Qualcomm and Huawei to create such a divide. He characterized Qualcomm as the world's leading wireless technology innovator, citing $61 billion in R&D investment over 35 years.