Global WiGig Market: Key Developments
In September 2019, Qualcomm Technologies Inc. acquired all the stakes with TDK for RF360, which is a joint venture created by TDK and Qualcomm for offering RF front-end (RFFE) solutions.
In December 2019, Intel Corporation, completed acquisition of an Israel-based AI chip start up Habana Labs by investment of over US$ 2 billion. The company is known to be specializing in development of programmable machine learning and AI accelerators for cloud datacenters, and has raised nearly US$ 75 million in venture capital.
In February 2019, Broadcom Inc. launched the BCM43752 chip, WiFi chip for mass-market smartphones. This is an integrated chip in innovations in Bluetooth 5 and Wi-Fi 6, which allows smartphone makers to offer a high-performance, low-cost connectivity solution for their mass market products.
In February 2019, Peraso Technologies Inc. raised US$ 42 million through VC funding. The company announced the plans to invest this fund in product development for wireless market in competition to Intel and Qualcomm.
WiGig Market Report Snapshots
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