Qualcomm launches autonomous driving computer, aiming to hit roads by 2023

The system, dubbed Snapdragon Ride, is the company’s first foray into a full system to power self-driving cars.

San Diego-based Qualcomm, known best as the world’s biggest mobile phone chip supplier, has been a major automotive supplier for more than a decade, but primarily for the modem chips that connect vehicles to the internet and chips for the infotainment systems that power screens inside vehicles.

Qualcomm has spent years developing self-driving technology near its headquarters in virtual silence while rivals such as Intel Corp (INTC.O) and Nvidia Corp (NVDA.O) jumped into the market, spending billions on acquisitions supplying major automakers for autonomous driving.