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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