Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity – Metaverse Bitcoin News

Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it may bring to businesses and consumers in the region. Qualcomm CEO Cristiano Amon believes that while there is a lot to do in development, this development is real and will present a very big opportunity for the people involved.

Qualcomm CEO talks about the future of Metaverse

Hardware companies are starting to view the recent push in the software industry as an interesting market for them to tackle. Qualcomm, one of the largest manufacturers of fabless chips in the mobile world, is focusing on the importance this new technology may bring to the consumer electronics and chips market in the not-too-distant future.

Cristiano Amon, the company’s CEO, explained the importance the company places on the metaverse in an interview with Yahoo Finance. On the future of the metaverse, he explained:

It’s real, it’s going to be a very big chance. We began investing in the core technologies that allow the integration of physical and digital spaces over a decade ago.

For Amon, the metaverse means that specialized software will be needed for the applications that will emerge to provide the sense of the metaverse for different goals.

new market

Qualcomm’s CEO believes there may be a large market for wearables that will be able to provide metaverse augments for people on the go. Amon said:

We have a number of different developments so that we can finally create a companion for your smartphone with fully immersive augmented reality glasses that will look like real [normal glasses]. I think this is a great opportunity. They can be as big as phones.

The company’s chips power many devices used in metaverse applications, such as Meta’s Quest line of VR headsets, and Hololens’ updated upcoming version, Microsoft’s VR headset. However, there are also people who oppose the use of wearables and augmented reality technologies as part of the metaverse.

Seen by some as the father of the first iteration of the Sony PlayStation game console, Ken Kutaragi considers the incorporation of wearables into the current concept of Metaverse is misleading. For Kutaragi, the metaverse must do more with the implementation of augmented reality technologies that allow users to enjoy the current world without using wearables.

What do you think about taking on Qualcomm’s metaverse? Tell us in the comments section below.

Sergio Goshchenko

Sergio is a cryptocurrency journalist based in Venezuela. Describing himself as a latecomer, he got into the crypto world when the price spike occurred during December 2017. Because he has a background in computer engineering, lives in Venezuela, and is influenced by the crypto boom on a social level, he offers a different perspective on the success of crypto and how it helps people. Those who do not deal with banks are disadvantaged.

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