Qualcomm CEO is Optimistic About the Future of Metaverse

Qualcomm CEO is Optimistic About the Future of Metaverse

Qualcomm, one of the largest mobile chip makers, is very optimistic about the future of the metaverse and what it can do for companies and consumers in the business segment. Qualcomm CEO Cristiano Amon believes that, while there is much to do in the expansion space, this development is real and will provide a very big opportunity for the people involved.

Hardware companies are starting to view the recent metaverse push in the software industry as a fascinating market for them. Qualcomm, which is one of the biggest chip makers in the mobile world, is focused on the significance of this new technology and how it can change the chip and electronic consumer market in the near future.

Cristiano Amon, CEO of the company, explained the importance that the company gives to 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 opportunity. We started investing in fundamental technologies that allow the merger of physical and digital spaces over a decade ago."

To Amon, the metaverse means that there will be a need for specialised software for applications that will emerge to provide the metaverse feel for different target groups. 

A New Market

Qualcomm’s CEO believes there could be a big market for wearables that will be able to provide metaverse growths for people on the go. Amon stated:

"We have a number of different developments to eventually be able to create companion to your smartphone with fully immersive augmented reality glasses that actually is going to look like [normal glasses]. I think that’s a big opportunity. It could be as big as phones."

Chips made by the company drive several devices used in metaverse applications, such as the Quest line of VR headsets produced by Meta, and the upcoming, updated version of the Hololens, a VR headset by Microsoft. However, there are also people against the use of wearables and augmented reality technologies as part of the metaverse.

Ken Kutaragi, considered by some as the father of the first iteration of the Sony Playstation gaming console, considers this amalgamation of wearables in the current conception of the metaverse to be misguided. Kutaragi believes the metaverse has to do more with the application of augmented reality techniques that allow users to enjoy the current world without the use of wearables.