At the twentieth annual technology conference Credit Suisse, which was held during the week, Qualcomm Technologies was represented by executive vice-president of the corporation Cristiano Amon, who is also president of Qualcomm CDMA Technologies division.
He began his speech with statements about the importance of the smartphone market for the company's business. At the end of 2017 calendar year is expected to Qualcomm's, smartphones segment to grow by 7%. This is still one of the largest consumer electronics market segments, and its growth potential.
The introduction of 5G networks will begin in 2018, Qualcomm expects leadership. In fact, already in 2017 the operators around the world will begin testing a fifth-generation cellular networks. Expansion also 5G networks in the market should be expected no earlier than 2019-2020 years. Their distribution will be key for the development of the "Internet of Things" and the introduction of telematics solutions in the automotive sector.