Company
Qualcomm
Official Name: Qualcomm Incorporated
Headquarters: San Diego, CA, United States
Founded: July 1985
Employees: 45,000
CEO: Mr. Cristiano Renno Amon
Market Cap
$123.24 Billion
USD as of Jan. 1, 2023
United States
Company Description
Qualcomm Inc. is a multinational company providing semiconductors and telecommunications equipment. It develops and commercializes wireless telecommunications products and services, with subsidiaries specializing in certain areas of operations: Qualcomm CDMA Technologies sells Qualcomm’s products and services, Qualcomm Technology Licensing manages the patent licensing business, and Qualcomm Technologies, Inc. conducts Qualcomm's R&D activities.
Top Competitors by Market Capitalization
TSMC
Samsung
Detailed Description
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA,LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications. It also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.
Stocks & Indices
Qualcomm Incorporated has the following listings and related stock indices.
Stock: NASDAQ: QCOM
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Stock: FSX: QCI
Product & Services
Intellectual property and semiconductors
Key People
Founder(s): Irwin Jacobs Andrew Viterbi
Cristiano Amon (CEO) Mark D. Mc Laughlin (chairman)
Financials
Revenue: US$33.57 billion (2021)
Operating income: US$9.79 billion (2021)
Net income: US$9.04 billion (2021)
Total assets: US$41.24 billion (2021)
Total equity: US$9.95 billion (2021)