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          Home / Business / China Development Forum

          Business leaders share views on forum

          China Daily | Updated: 2017-03-18 10:53
          Business leaders share views on forum

          Derek Aberle president, Qualcomm Inc. [Photo provided to China Daily]

          A1 Information interconnectivity is at the heart of the Belt and Road Initiative. With the support of Qualcomm's transfer of technology through licensing, China's local mobile communications industry has made outstanding progress in expanding beyond China. In 2015, we established a dedicated team in Shenzhen specifically to support Chinese vendors in this effort.

          More broadly, investment in infrastructure is key in driving global economic growth.

          With the massive increase in data traffic as consumers and enterprises use their devices to access a broad array of cloud content and services, data centers are becoming an important part of global infrastructure investment of the coming years.

          We see an exciting opportunity to use our extensive system-on-chip architecture design and low-power, high-performance computing expertise to provide a solution that offers a compelling balance of performance, power consumption and cost.

          Last year, Qualcomm and the Guizhou government established Guizhou Huaxintong Semiconductor Technology, a joint venture to design and sell world-class server chipsets in China.

          A2 Qualcomm is pleased to be a part of promoting innovation with its Chinese partners to support economic growth and drive the development of wireless and semiconductor technology in China and around the world.

          To this end, we have deepened our level of cooperation with Chinese companies, including our Huaxintong server technology joint venture with Guizhou province.

          We are also appreciative that, in recent years, the Chinese government has made significant achievements in intellectual property protection, which have helped to attract companies and bring leading technologies to China, while encouraging innovation among Chinese corporations.

          A3 Qualcomm will continue to strive to collaborate with Chinese industry partners on strengthening the supply system in China. To Qualcomm, innovation is the core of supply-side reform.

          For example, SMIC and Qualcomm have been developing 28nm processing technology and wafer manufacturing services for manufacturing Qualcomm Snapdragon 410 processors, which were adopted into mainstream smartphones in 2015.

          Qualcomm is co-investing with domestic handset manufacturers to bring premium mobile experiences to consumers.

          Many Chinese mobile phone brands are enjoying increasing popularity and good reputations abroad-the result of the effective joint innovation and emphasis on reform, from our perspective.

          We also are committed to working with our partners to accelerate 5G development and encourage innovation in many areas to support China's growth, including virtual reality, drones, connected cars, healthcare and data centers. 5G will make possible new advanced applications, foster business innovation and spur economic growth.

          A4 As President Xi Jinping mentioned in Davos, innovation is the primary force guiding economic development and Qualcomm is pleased to be part of this transformation.

          5G will create an era of very rapid innovation, not only among the mobile industry, but adjacent industries that can also benefit from 5G services.

          A recent global survey commissioned by Qualcomm shows that 96 percent of business decision makers and technology influencers in China believe 5G will make companies more competitive globally. Ninety-three percent believe 5G will enable new industries to emerge.

          Most believe 5G will result in the establishment of products and services that have yet to be invented.

          For instance, 5G will provide high bandwidth, low latency, highly reliable and secure wireless solutions to enable industrial automation to maximize overall equipment effectiveness. Like it did in 3G and 4G, Qualcomm is leading the industry on to 5G.

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