It’s been recently announced that Qualcomm has acquired a company called HaloIPT and its assets. For those who didn’t know, HaloIPT is a New Zealand startup that has developed wireless electric car charging technology. The aforementioned technology makes use of wireless induction which allows folks to charge their electric cars by simply driving over or driving nearby a mat or a device – no need for pulling out cables to plug the car in.
Besides strengthening its portfolio, Qualcomm didn’t mention why it made such an investment, or what plans it has in store for HaloIPT’s technology, but it definitely sees potential in the electric vehicle charging market. Will we see Qualcomm expanding beyond the telecommunication industry that it’s established itself in, or will we see this wireless induction crossing over from vehicles to mobile devices? Stay tuned and we’ll keep you posted.