The first China International Import Expo (CIIE) is scheduled for November 5- 10 in Shanghai, China and is expected to draw more than 2,800 companies from over 130 countries and regions.
US chip giant Qualcomm sets to take this opportunity to present its frontier technology in AI, 5G and IoT and advance strategic collaboration on wireless communication with Chinese companies, said Frank Meng, chairman of Qualcomm China. Meng also said, Qualcomm was among the first American companies to confirm participation in the event, and Steve Mollenkopf, CEO of Qualcomm, will head its delegation.
Meng said this year marks the 40th anniversary of China’s reform and opening-up policy, the expo carries great significance to be held at such a time.
“The CIIE shows China’s commitment that it would further open its market for trade and investment,” Meng said, expressing his confidence that an international event at such a high-level can work to boost further opening-up.
Qualcomm Incorporated, a world leader in 3G and next-generation mobile technologies based in San Diego, Ca, has been developing in China for more than 20 years since it entered Chinese market in the 1990s.
“Qualcomm has helped the country to boost the evolution from 2G, 3G to 4G and now 5G of its wireless communication network,” Meng said.
In the past, cooperation between Qualcomm and Chinese companies was largely focused on mobile phone. As technologies evolve, cooperation is being expanded to other fields, including Internet of Things (IoT), connected vehicles and IC manufacturing.
China is a very important market for Qualcomm. Development of IoT and enhanced collaboration with local governments help Qualcomm promote technological innovations, and joint innovation centers have been established in Chongqing, Qiangdao and Nanjing to empower local start-ups and provide support for the growth of industrial chain, Meng said.
Qualcomm also has been committed to supporting China in developing its semiconductor industry. Semiconductor Manufacturing International Corporation, China’s largest foundry and one of the world’s largest, and Qualcomm has cemented cooperation in 28nm processing technology and wafer manufacturing services, which then found application in manufacturing of the Snapdragon processors.
Meng said, China’s thriving market has brought Qualcomm unprecedented opportunities, and Qualcomm will continue to support its Chinese partners in their innovation, develop industry chain of wireless communications, and help Chinese products go global.
China has been the world’s second-largest importer of goods for nine years in a row and claimed around 10.2 percent of world’s total imports in 2017. Authorities of China forecast that the country would import $24 trillion in goods in the next 15 years.
In addition, more than 40 foreign companies have already registered for the second edition, in order to secure booths, according to the CIIE Bureau.