Qualcomm Inc and NXP Semiconductors NV are among a group of chip design firms joining up to form a new company to hasten the development of RISC-V, a rival technology to that of Arm Ltd. Together with Nordic Semiconductor ASA and German firms Robert Bosch GmbH and Infineon Technologies AG, the semiconductor firms will invest jointly in setting up a new company to promote the open-source RISC-V architecture for chip design.  Initially, they will target automotive applications, and the as-yet-unnamed business will be formed in Germany, home to Volkswagen AG and other titans of the car industry.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-08-04-story-h-243742761-Qualcomm_NXP_and_others_team_up_to_rival_Arm_s_chip_tech

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