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Qualcomm claims 5G leadership in phones

Bloomberg Qualcomm Inc, the largest maker of chips for smartphones, said it’s leading the charge to be the main supplier of technology for 5G phones coming this year and announced new products aimed at winning more orders in the automotive market. The company’s chips will be in 30 devices with 5G connections coming to the market later in 2019, Qualcomm ...

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Sika to buy materials maker Parex for $2.6bn

Bloomberg Sika AG offered to acquire Parex Ltd at an enterprise value of 2.5 billion Swiss francs ($2.6 billion), adding a maker of mortar and other construction materials to expand a key business for the Swiss chemicals group. The purchase will add to earnings per share from the first full year after the deal is completed, expected in the second ...

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Daimler set to roll out self-driving trucks

Bloomberg Daimler AG will start selling a heavy-duty truck in the US this year that’s able to brake, accelerate and steer at all speeds on its own. This will coincide with the planned launch of electric-car leader Tesla Inc’s Semi truck, which will stoke competition at a time when demand in North America is forecast to soften. Taking the next ...

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