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01.06.2018 14:00:00

Panasonic, Qualcomm and Ford Join Forces on First U.S. Deployment for C-V2X Vehicle Communications in Colorado

SAN DIEGO, June 1, 2018 /PRNewswire/ -- Panasonic Corporation of North America, Qualcomm Technologies, a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM) and Ford Motor Company (NYSE: F), today announced a strategic collaboration to deploy Cellular Vehicle-to-Everything (C-V2X) technologies in Colorado.  This is the first U.S. deployment of C-V2X technology and is an extension of a previously announced partnership between the Colorado Department of Transportation (CDOT) and Panasonic to integrate connected vehicle technology in the state of Colorado. Panasonic, Qualcomm Technologies and Ford have joined the advanced development efforts to help deploy the technology, and to assess C-V2X capabilities this summer on select roadways throughout Panasonic's CityNOW headquarters in Denver, which will be followed by deployment in select areas along the I-70 Mountain Corridor later in the year. 

The full release is available on the Qualcomm News Center website at

(https://www.qualcomm.com/news/releases/2018/06/01/panasonic-qualcomm-and-ford-join-forces-first-us-deployment-c-v2x-vehicle)

About Panasonic Corporation of North America  
Newark, NJ-based Panasonic Corporation of North America is a leading technology partner and integrator to businesses, government agencies and consumers across the region. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and leverages its strengths in Immersive Entertainment, Sustainable Energy, Automated Supply Chains and Connected Solutions to provide secure and resilient integrated solutions for B2B customers. Panasonic was highlighted in Forbes Magazine's Global 2000 ranking as one of the Top Ten Best Regarded Companies for 2017.  The ranking is based on outstanding scores for trustworthiness, honesty with the public and superior performance of products and solutions. Learn more about Panasonic's ideas and innovations at Panasonic.com.

About Qualcomm
Qualcomm invents breakthrough technologies that transform how the world connects, computes and communicates. When we connected the phone to the Internet, the mobile revolution was born. Today, our inventions are the foundation for life-changing products, experiences, and industries. As we lead the world to 5G, we envision this next big change in cellular technology spurring a new era of intelligent, connected devices and enabling new opportunities in connected cars, remote delivery of health care services, and the IoT — including smart cities, smart homes, and wearables. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, the QCT semiconductor business. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

About Ford Motor Company
Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximately 202,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.

About Colorado's RoadX
RoadX is the state of Colorado's bold vision and commitment to being a national leader in the partnerships and use of innovative technology for crash-free, injury-free, delay-free travel in Colorado. To learn more about this rapid, fast-paced venture to transform our aging transportation system, visit https://www.codot.gov/programs/roadx.

About Kapsch TrafficCom
Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways alike while helping to reduce pollution.  Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007. Kapsch TrafficCom currently has more than 4,800 employees, and generated revenue of approximately EUR 648 million in fiscal year 2016/17. For more information about Kapsch TrafficCom, please visit www.kapsch.net.

Qualcomm Contacts:
Pete Lancia, Corporate Communications
Phone:  1-858-845-5959
Email:  corpcomm@qualcomm.com

John Sinnott, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com

 

Cision View original content:http://www.prnewswire.com/news-releases/panasonic-qualcomm-and-ford-join-forces-on-first-us-deployment-for-c-v2x-vehicle-communications-in-colorado-300657942.html

SOURCE Qualcomm Incorporated

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