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Technology Stocks : Sequans, the investors board
SQNS 6.200+3.3%Sep 23 4:00 PM EDT

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From: frmrVZguy7/4/2019 2:48:04 PM
   of 289
REUTERS: Tailwind? EU backs IP-based V2V, V2x Do WiFi firms add LTE now since it doesn't fallback to 2/3G?
Is this an opening to LTE-only?
TAM grows?


July 4, 2019 / 5:23 AM
EU opens road to 5G connected cars in boost to BMW, Qualcomm

Foo Yun Chee

BRUSSELS (Reuters) - European Union states opened the way to competing technologies for internet connected cars on Thursday, rejecting a European Commission push for a wifi-based standard backed by Volkswagen...

The result represents a win for BMW ( BMWG.DE) and Qualcomm ( QCOM.O) which support a rival 5G telecoms system....

This contrasted with EU lawmakers in April who endorsed the wifi plan over 5G technology. The auto and tech industries have been split over which technology works better and is safer...

EU ministers are due to meet on July 8 when they are expected to formally reject the wifi proposal.
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