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Qualcomm and Nichicon Sign Commercial Wireless Electric Vehicle Charging License Agreement

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Qualcomm Incorporated (NASDAQ: QCOM) and Nichicon, Corporation (TSE: 6996), today announced that they have entered into a Wireless Electric Vehicle Charging (WEVC) license agreement. Nichicon will include Qualcomm Halo™ WEVC technology in its product portfolio and will focus on commercializing WEVC systems for Plug-In Hybrid (PHEV) and Electric Vehicle (EV) manufacturers across Asia. Based on the agreement, Nichicon intends to develop, manufacture and supply WEVC systems based on Qualcomm Halo technology.

A leading specialist automotive power electronics equipment, Nichicon will deliver WEVC systems, supported by Qualcomm’s comprehensive technical support. The company is a trusted automotive supplier and works extensively across
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