Ten startups in promising new technology areas will receive financial benefits of US$10,000 each from Qualcomm, and be invited for months of technical and business incubation, the semiconductor producer announced on March 16.
They are participants of the Qualcomm Vietnam Innovation Challenge (QVIC) 2022 and have qualified for the next round.
The final is slated for this August and three winning teams will walk home with a total cash prize of US$225,000.
The challenge, which involves the support of Vietnam’s Ministry of Science and Technology, will enable the development of Vietnam’s rising technology ecosystem by identifying and nurturing innovative small- and medium-sized companies in Vietnam in smart cities, augmented reality, artificial intelligence, Internet of Things and machine learning, and more.
Alex Rogers, President of Qualcomm Technology Licensing (QTL) and Global Affairs, expressed his hope that the teams’ achievements will bolster Qualcomm’s cooperation and support for Vietnam’s tech ecosystem.
In addition to the US$10,000 of aid, teams will receive consultation from experts of Qualcomm Technologies and support from its R&D lab in Hanoi.
On the sidelines of Qualcomm 4G/5G Summit in Hong Kong recently, Jim Cathey, president, Asia Pacific and India senior vice president, Qualcomm Technologies, Inc., shared with Thanh Van his insights into Vietnam’s advantages in adopting 5G and how Qualcomm can help facilitate the deployment of this technology in the Industry 4.0 era.
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