Close
Close

Published

Qualcomm consolidates RF position, taking full control of RF360

Qualcomm has taken full control of RF360 Holdings, which it set up in 2017 as a $3bn joint venture with TDK of Japan. In buying out its partner, the chip vendor says it is demonstrating how successful RF360 has been so far. Full control will give it enhanced ability to fill gaps in its end-to-end 5G device chip platform, and if it can provide as many components as possible, this can offset the pressures on the addressable market for its core processor/modem offerings. TDK Electronics’ remaining interest in the joint venture was valued at $1.15bn in August 2019. The total purchase price, including the initial investment, payments to TDK based on sales by the joint venture, and development obligations, will…

Close