Qualcomm subsidiary Qualcomm Technologies is shipping over 1 million Internet of Things (IoT) chips per day, and 1.5 billion of brands have shipped a total of hundreds IoT products using the firm's solutions, according to a company statement. The telecommunications equipment provider believes that IoT applications could represent up to $11tn dollars in global sales by 2025. Qualcomm’s offering spans a number of products, including wearables, smart homes and industrial applications.
Qualcomm subsidiary Qualcomm Technologies is shipping over 1 million Internet of Things (IoT) chips per day, and hundreds of brands have shipped a total of 1.5 billion IoT products using the firm's solutions, according to a company statement. The telecommunications equipment provider believes that IoT applications could represent up to $11tn dollars in global sales by 2025. Qualcomm’s offering spans a number of products, including wearables, smart homes and industrial applications.