Qualcomm Inc. (QCOM) - Get Report debuted the latest line of networking microchips as the company looks to expand its reach past telecommunications after losing Apple Inc. (AAPL) - Get Report as a client last year.
The San Diego-based company announced 5G networking chips for a range of products including personal computers and automakers at the Mobile World Congress event in Barcelona on Monday.
Qualcomm is still the world's largest mobile chip supplier, despite its fallout with Apple. The company said that it expects to receive a big boost from 5G networks, which it expects to roll out later this year.
Qualcomm's automotive chips already help vehicles connect to the internet, but the new chips will also help cars connect to other vehicles on the road as well as objects connected to internet on the street.
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