Qualcomm CEO open to working with foundry partners in Europe

Cristiano Amon, President and CEO-Elect of Qualcomm is seen on the screen, as he gives a speech during the Mobile World Congress (MWC) in Barcelona, Spain, June 28, 2021. REUTERS/Albert Gea/Files

MUNICH (Reuters) - Semiconductor supplier Qualcomm is open to working with foundries in Europe if incentive programmes to boost automotive chip production on the continent attract the right partners, Chief Executive Cristiano Amon said.

Foundries in Europe are now geared towards mass production of semiconductors, Amon told Reuters at the IAA car show in Munich, but there is a welcome debate under way about investing in high-end production that is interesting to Qualcomm.