Qualcomm's new Snapdragon Ride Flex SoC is designed for use in cars. image credit: Google

It is intended to manage both assisted driving and cockpit functions, such as entertainment. image credit: Google

The chip combines functions that were previously handled on different chips, which could help reduce costs. image credit: Google

Qualcomm's automotive business opportunities are estimated to total $30 billion. image credit: Google

Demand for automotive chips has increased as electric vehicles and autonomous features become more prevalent. image credit: Google

The Snapdragon Ride Flex SoC is currently being tested by automotive customers. image credit: Google

Qualcomm has also announced its next-generation Wi-Fi 7 Immersive Home Platform, which is expected to be available for commercial sales in the second half of 2023. image credit: Google

The Wi-Fi 7 Immersive Home Platform is designed for home mesh Wi-Fi networking systems. image credit: Google

It supports 5GHz and 6GHz frequency bands and 240MHz and 320MHz channels. image credit: Google

The platform is intended to facilitate collaboration, telepresence, AR/VR, and gaming in homes. image credit: Google