来源：钛媒体 十年前，高通因滥用标准必要专利，在中国收到了约60.88亿元反垄断罚单；十年后，这家芯片巨头再度因并购行为遭到了中国的反垄断调查。 10月10日，据国家市场监督管理总局的正式公告，因高通收购以色列芯片厂商Autotalks未依法申报经营者集中，涉嫌违反《中华人民共和国反垄断法》，决 定对其立案调查。 公开资料显示，Autotalks 成立于2008年， 是一家专注于车联网 V2X（Vehicle‑to‑Everything）通信的无晶圆厂半导体公司。Autotalks 在北美、德国、法国、 中国、日本、韩国设有办事处，面向全球整车厂与一级供应商提供车规级 V2X 芯片与解决方案。 收购Autotalks，显然是高通从消费电子进军智能汽车产业的重要一环。此次针对于高通的反垄断，将直接影响高通的汽车产业布局。截至发稿，高通美股盘 前股价跳水，跌幅一度达到约3%。 高通汽车业务，被按下"暂停键" TSLA l est 12450 15 6-201 对高通而言，收购Autotalks是其补齐骁龙数字底盘能力短板的关键一步。 收购后，Autotalks的可量产、符合汽车标准的全球V2X解决方案将纳入骁龙数 ...

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 10月10日，国家市场监督管理总局发布公告称，因高通公司收购Autotalks公司未依法申报经营者集中，涉嫌违反《中华人民共和国反垄断 法》，市场监管总局依法对高通公司开展立案调查！ 不过，该交易迅速遭到美国、英国和欧盟相关监管机构的审查。迫于压力，2024年3月，高通宣布中止对Autotalks的收购，原因是未能在合理时间内取得 所需监管审批。随后，美国联邦贸易委员会（FTC）发布声明称，此举有助于维持车联网芯片市场的竞争性与创新性。 而在2025年，高通重启并完成了对Autotalks的收购。据外媒报道，高通为收购Autotalks支付的金额在8000万至9000万美元之间，远低于两年前最初交易中 宣称的3.5亿美元。 此次立案是高通第二次在中国受到反垄断调查。2015年，国家发展改革委曾对高通公司滥用市场支配地位实施排除、限制竞争的垄断行为 依法作出处理，责令高通公司停止相关违法行为，并处以60.88亿元的罚款。 公开资料显示，Autotalks成立于2008年，是一家无晶圆厂半导体公司，其产 ...

10月10日，据市场监管总局消息，因高通公司收购Autotalks公司未依法申报经营者集中，涉嫌违反《中 华人民共和国反垄断法》，市场监管总局依法对高通公司开展立案调查。 官网信息显示，Autotalks是一家无晶圆厂半导体公司，致力于为人工驾驶和自动驾驶车辆提供车联网 （V2X) 通信。该公司成立于2008年，总部位于以色列，并在北美、中国、德国、法国、日本和韩国设 有办事处。 南都反垄断前沿注意到，这笔交易于2023年5月8日正式官宣。高通宣布其子公司高通技术公司已与车联 网芯片设计公司Autotalks达成最终收购协议，当时并未透露具体的交易价格。这笔交易曾引发多国反垄 断监管机构的担忧，甚至一度因为监管未能及时批准而按下暂停键。 2023年9月，英国竞争与市场管理局（CMA）表示，正在对高通收购以色列公司Autotalks展开调查，以 确认本次收购是否会损害英国市场的竞争。 2024年3月，美国联邦贸易委员会（FTC）发布声明称，监管机构担心这笔交易可能损害 V2X 芯片及相 关产品市场的竞争。在监管机构表达反垄断担忧后，高通放弃收购Autotalks。这项拟议交易的终止，将 保持汽车安全系统中使用的 ...

南都反垄断前沿注意到，这笔交易于2023年5月8日正式官宣。高通宣布其子公司高通技术公司已与车联 网芯片设计公司Autotalks达成最终收购协议，当时并未透露具体的交易价格。这笔交易曾引发多国反垄 断监管机构的担忧，甚至一度因为监管未能及时批准而按下暂停键。 2023年9月，英国竞争与市场管理局（CMA）表示，正在对高通收购以色列公司Autotalks展开调查，以 确认本次收购是否会损害英国市场的竞争。 2024年3月，美国联邦贸易委员会（FTC）发布声明称，监管机构担心这笔交易可能损害 V2X 芯片及相 关产品市场的竞争。在监管机构表达反垄断担忧后，高通放弃收购Autotalks。这项拟议交易的终止，将 保持汽车安全系统中使用的车联网（V2X）芯片组和相关产品市场上的强劲创新和价格竞争。 不过，两家公司的交易并未告吹。今年6月5日，高通在公司官网宣布已完成对Autotalks的收购。高通技 术公司相关负责人表示，自2017年以来，公司一直在投资V2X的研究、开发和部署，并看好其在提升道 路安全方面的潜力。此次收购是公司持续推进V2X解决方案的战略举措。 完成并购后，Autotalks的产品支持所有关键全球 ...

Core Viewpoint - Qualcomm has established itself as a leader in the wireless communication industry through continuous investment in research and development, exceeding $100 billion since its inception in 1985, and is now expanding its business into various fields including AI, IoT, and automotive technology [1][2]. Group 1: Business Expansion and Innovation - Qualcomm has evolved beyond traditional wireless technologies, developing platforms like Snapdragon for smartphones, PCs, and automotive applications, and the new Dragonwing platform for industrial IoT [1][2][16]. - The company is focusing on AI integration, emphasizing its role in reshaping user interactions and device connectivity [1][21]. Group 2: Chip Development Strategy - Qualcomm is building a robust chip ecosystem by acquiring companies like NUVIA and Alphawave, enhancing its capabilities in CPU, GPU, and AI processing [4][6]. - The Snapdragon 8 Gen 2, featuring the Qualcomm Oryon CPU, represents a significant leap in mobile processing power, achieving unprecedented CPU frequencies and energy efficiency [10][14]. Group 3: Product Offerings - The Snapdragon platform has become the preferred choice for flagship smartphones, with the latest Snapdragon 8 Gen 2 offering substantial performance improvements in CPU, GPU, and AI capabilities [8][12]. - Qualcomm's new Snapdragon X2 Elite processors for PCs are designed for high performance and efficiency, with the X2 Elite Extreme leading in CPU performance by 75% compared to competitors [14][15]. Group 4: AI and Future Trends - Qualcomm is positioning itself at the forefront of AI development, with a focus on edge computing and real-time AI applications, aiming to make AI ubiquitous across devices [19][22]. - The company identifies six core trends driving the future of AI, including the shift from smartphone-centric to agent-centric computing and the evolution of computing architectures [21][22]. Group 5: Collaboration and Market Impact - Qualcomm has played a crucial role in the development of China's technology sector over the past three decades, partnering with local companies to enhance mobile technology and automotive solutions [17][18]. - The company aims to leverage its technology to drive transformation in various industries, including industrial IoT and network infrastructure, under the new Dragonwing brand [16][19].

Core Viewpoint - Horizon Robotics has engaged in high-frequency financing since its market debut, raising over 15 billion yuan within a year, but continues to face significant losses and challenges in technology competitiveness [1][2][3]. Financing Activities - On September 26, Horizon announced a share placement at HKD 9.99 per share, raising approximately HKD 63.4 billion (about RMB 58.12 billion) [2]. - The share placement was at a discount of about 5.75% compared to the closing price on September 25, with the new shares representing about 4.6% of the existing share capital [2]. - Since its IPO in October last year, Horizon has raised a total of approximately RMB 150.29 billion through various financing rounds, including HKD 54.07 billion at IPO and HKD 46.74 billion in June [2]. Financial Performance - In the first half of the year, Horizon reported revenues of approximately RMB 15.67 billion, a year-on-year increase of 67.6%, but losses expanded from RMB 50.98 billion to RMB 52.33 billion [3]. - Cumulatively, Horizon has incurred losses exceeding RMB 175 billion from 2021 to 2023, with adjusted operating losses increasing by 34.9% year-on-year to RMB 11.11 billion [3][4]. Research and Development - Horizon's R&D expenses reached RMB 23 billion in the first half of the year, a 62% increase from RMB 14.2 billion in the same period last year [5]. - Despite significant R&D investments, Horizon's technology remains behind international chip giants, which are advancing to 4nm/5nm processes, while Horizon is still at the 7nm stage [6]. Market Competition - The trend of automakers developing their own technologies has further compressed Horizon's market space, as clients like BYD and Li Auto are reducing their reliance on Horizon's software solutions [7][8]. - Horizon is caught in a cycle of financing, R&D, and losses, and without breakthroughs in technology or new customer growth, the company faces increasing uncertainty in a competitive landscape [8].

2025年是高通公司成立40周年，也是其进入中国市场的30周年。一路走来，高通不仅经历见证了中国通 信业"3G跟随、4G并跑、5G领跑"的蜕变历程，更成为助力培育中国终端产业繁荣生态的重要参与者。 面对全球科技业的新一轮AI变革浪潮，与中国市场共生共荣的高通将如何抉择迎接下一个10年，成为 产业各方关注的焦点。 答案随着9月24日在北京举办的2025骁龙峰会·中国而正式揭晓。会上，高通中国区董事长孟樸在接受 《中国经营报》等媒体记者专访时表示，植根中国30年，高通的成功离不开不懈的技术创新，以及与中 国本土产业链的紧密合作。面对AI带来的产业变局，高通也将秉守初心，以"端侧AI + 连接"作为新的 切入点，通过产品延展、生态合作与行业场景示范，加速AI在中国更多终端与行业的规模化落地。 在孟樸看来，终端侧AI之所以关键，核心在于其能够带来个性化、安全且高效的全新用户体验。他强 调，与依赖云计算的AI不同，终端侧AI直接在设备上处理数据，无须上传至云端，从而最大限度地保 障了用户隐私和数据安全。 回首中国30年：长期主义与产业共生 "高通的成功并非源于某一个'爆发性'的事件，而是对'长期主义'理念坚持的成果。" ...

9月25日至26日，第十九届重庆市市长国际经济顾问团会议在渝州宾馆举行。本届会议以"打造AI应用高地，赋能产业高质量发展"为主题，彰显出重庆对新 一轮科技革命和产业变革浪潮的深度思考与主动拥抱。高通公司全球副总裁夏权出席会议，并发表了题为"AI赋能制造业转型升级，助力重庆打造新质生产 力高地"的主题演讲，围绕人工智能时代重庆市产业转型与升级分享了一些观察与思考。 人工智能是新一轮科技革命和产业变革的重要驱动力，也是发展新质生产力的关键引擎。如今，人工智能技术正从单点突破迈向全域赋能，日益成为推动全 球产业变革的核心驱动力。近期，国务院印发《关于深入实施"人工智能+"行动的意见》，不仅为人工智能和经济社会各领域的深度融合划定了清晰路径， 更为所有行业参与者打开了前所未有的发展空间。 重庆是有名的"制造重镇"，拥有全国41个工业大类中的39个，以及全部31个制造业大类。夏权表示，重庆作为"制造重镇"在重点产业提质增效过程中有着良 好的积累与机遇，尤其是在工业机器人、智能网联汽车、物联网三大领域。 其中在工业机器人领域，重庆已经形成完整产业链，是重要的机器人生产基地。夏权指出，工业机器人正处在加速普及与应用拓展关键 ...

Core Insights - The 2025 Snapdragon Summit in China marks a significant milestone for Qualcomm, celebrating its 40th anniversary and 30 years of development in China, showcasing over a hundred technological breakthroughs across various sectors [1][3] - Qualcomm emphasizes the importance of collaboration and innovation in driving the future of AI and connectivity, aiming to lead the next era of smart technology [3][5] Group 1: Strategic Developments - Qualcomm's CEO, Cristiano Amon, highlighted six trends driving the future of AI, including the shift from smartphone-centric to agent-centric interfaces and the evolution of computing architectures [7] - The launch of the "AI Acceleration Initiative" aims to enhance AI capabilities across various devices, collaborating with major Chinese partners to explore new applications [5][7] Group 2: Industry Collaboration - The summit featured discussions on the importance of industry collaboration for AI development, with insights from experts emphasizing the need for deep cooperation among technology providers [8][10] - Various industry leaders, including representatives from China Telecom, China Mobile, and ZTE, expressed their commitment to deepen collaboration with Qualcomm in areas such as 6G, AI, and smart devices [18] Group 3: Technological Innovations - The integration of edge AI is seen as a key factor in reshaping industries, with Qualcomm focusing on the synergy between algorithms, hardware, and application scenarios [5][16] - The discussions on embodied intelligence highlighted the need for innovation in communication technologies to support the development of humanoid robots and other advanced applications [13][15]

Group 1 - The 2025 Snapdragon Summit officially commenced in Beijing, celebrating Qualcomm's 40th anniversary and 30 years of development in China, with the event held simultaneously in Hawaii and Beijing [1] - Qualcomm launched the "AI Acceleration Initiative" during the summit, aiming to collaborate with China's industrial ecosystem to unlock new capabilities and applications of edge intelligence, accelerating the large-scale implementation of AI across various industries [1][2] - The summit showcased over a hundred technological breakthroughs and experience upgrades in areas such as AI, connectivity, imaging, and gaming across various devices including smartphones, PCs, and automobiles [2] Group 2 - Qualcomm's China President Meng Pu emphasized the importance of collaboration and shared values over the past 30 years, highlighting the evolution of the Snapdragon platform from 3G to 5G and its impact on the automotive industry, supporting over 210 models from numerous Chinese automotive brands [2] - Meng Pu expressed confidence in the future of Qualcomm's cooperation with China, focusing on innovation and collaboration to create a more prosperous next 30 years [2] - Qualcomm's CEO, Cristiano Amon, identified six key trends driving the future of AI, including the shift from smartphone-centric to agent-centric interfaces and the transformation of computing architecture [6] Group 3 - The "AI Acceleration Initiative" was launched in partnership with various companies including GTI, China Telecom, China Mobile, China Unicom, Xiaomi, Honor, Vivo, OPPO, ZTE, and others, aiming to enhance AI capabilities across devices [6][7] - Qualcomm's COO and CFO, Akash Palkhiwala, noted the alignment of Qualcomm's global vision with the Chinese market, focusing on personal AI, physical AI, and industrial AI as the three major trends [7] - The initiative aims to empower smartphones with more AI functionalities, introduce agent AI experiences to more devices, and collaborate with Chinese model providers and developers to explore and implement more AI applications [7]