Qualcomm chosen by Volkswagen to provide chips for its 2017 Audi's

Volkswagen's is set to incorporate Qualcomm's 602 chip into its 2017 Audi's AG unit, the chips power communication and infotainment in vehicles. Qualcomm also announced a new 820A processor for vehicles, the companies current product will be installed in the 2017 Audi's.
At the Consumer Electronics Show in Las Vegas, Qualcomm Inc. CEO Steve Mollekopf said "The car is being reinvented based on being connected".  "It's changing the way cars are used, sold, serviced and it's just the beginning".
Qualcomm is trying to broaden its reach beyond mobile phones where the company has made the majority of its income, sadly the company has lost its market share over this past year. Unfortunately for the company this past year Qualcomm's stock dropped 33% it was the companies worst performance since the 2001 technology bubble burst.