Qualcomm Inc. is a wireless telecommunications research and development company focused on designing, manufacturing and marketing digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies. The company licenses and receives royalty payments on its CDMA technology from more than 155 major domestic and international telecommunications equipment manufacturers and suppliers worldwide.
Qualcomm’s operations can be divided in four segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), Qualcomm Wireless & Internet (QWI), and Qualcomm Strategic Initiatives (QSI). QCT is a developer and supplier of CDMA-based integrated circuits and system software for wireless voice and data communications, multimedia functions and global positioning system products. QTL grants licenses to use portions of its intellectual property portfolio. The QWI segment sells equipment, software and provides services to wireless operators in delivering multimedia content. QSI manages its strategic investment activities to promote the worldwide adoption of CDMA-based products and services.
The company’s products are sold through direct sales force, partnerships and distributors in the United States, Europe, the Middle East, Argentina, Brazil, Canada, China, Japan, South Korea, Mexico and other countries. Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500® company. Founded in 1985, Qualcomm has been recognized as one of the Best Companies to Work For by Fortune magazine for 10 years in a row.
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The company that gets to market first gets to make all the rules, even if it isn’t technically first. If a good set of rules are made and followed, the first in ends up with the biggest pile of profit – even before other players make it to the table.
Qualcomm Inc., an integrated supplier of wireless product circuitry, works to sell its products along the length of the wireless supplier distribution chain. Patent licensing designed to foster a standard comprise much of the company’s revenue stream. The length and breadth of the company’s selling potential, however, is belied in the simplicity of its description. Low orbit satellite components to ground based GPS systems offer just about any wireless communications product for today’s telecommunications age.
The company is divided into four divisions to satisfy its diverse product base: Qualcomm Technologies, Qualcomm Technology Licensing, Qualcomm wireless and Internet, and Qualcomm Strategic Initiatives. For the most part, the company has come up with vital wireless and other technology products in use today and leveraged them to fullest potential. Protection and strategic use of their products has been accomplished to the company’s full benefit.
Although the company’s entire product setup appears to be selling well in today’s technology markets, it is now focusing on its 3G chip-set products. Phone data needs are going to be upgrading on a regular basis and the company appears to be there with its technology upgrade chip-sets for high-data users. The company apparently sees overall phone sales at its forecasted levels, but upgrades surpassing them as technology maintains its rapid pace.
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