Qualcomm Incorporated (NASDAQ: QCOM) and Nichicon Corporation (TSE: 6996) announced today that they have signed a wireless vehicle wireless charging (WEVC) license agreement. Nichicon will include Qualcomm Halo® WEVC technology in its portfolio and will focus on supporting plug-in hybrid electric vehicle (PHEV) manufacturers and pure electric vehicle (EV) manufacturers in Asia to commercialize WEVC systems. Based on this agreement, Nichicon plans to develop, manufacture and supply WEVC systems based on Qualcomm Halo technology.
Nikko is a leading expert in automotive power electronics. With the full technical support of Qualcomm, Nikko will provide WEVC systems. Nikko is a trusted automotive supplier with a wide range of operations in Asia, especially in Japan.
"Our core mission is to meet customer needs through high-quality cutting-edge technology products, and we also pay attention to cost issues. We are pleased to provide industry-leading customers," said Mr. Noguchi, chief executive officer and production director of NECST Business Division. And future-oriented WEVC solutions, and continuous technological advancement. The interoperability of this technology is essential for driving experience and sustainable transportation. We are committed to creating valuable products and will help the whole society to share more. A bright future, this is what our corporate values ​​'Ko-do' (Japanese, meaning thinking and work) emphasize.
Steve Pazol, vice president and general manager of wireless charging at Qualcomm Incorporated, said: “As an important Tier 1 supplier in Asia, Nichicon is a great choice for Qualcomm. We are pleased to work with them to expand Qualcomm's automotive supplier network in Asia. The development of Qualcomm Halo technology uses a system-wide design approach that covers all aspects of WEVC systems, whether multi-coil, dual-D or ring magnets. We are committed to the development of WEVC technology."
Under the agreement, Qualcomm granted Nikko to develop, manufacture and supply a paid patent license for the WEVC system based on Qualcomm Halo technology. Qualcomm will also offer a comprehensive technology transfer portfolio to help Nichicon develop a commercial and technically viable WEVC system and support the design of future enhanced WEVC systems.
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