Qualcomm is a multinational corporation that makes semiconductors and other products for the 澳洲幸运5官方开奖结果体彩网:telecommunications industry. Companies like Qualcomm are responsible for designing, ma🦹nufacturing, and supplying other companies with the software and infrastruc✨ture that make online communications possible.

Telecommunications is a trillion-dollar industry with🔯 many large companies. Read on to learn more about Qualcomm including its main b🦂usiness units, financials, and competitors.

Qualcomm: An Overview

Qualcomm (QCOM) is known for designing and manufacturing wireless telecommunications products. The company was founded in 1985 by seven people. Headquartered in San Diego, it has approximately 50,000 employees in 170 offices in more than 30 different countries.

The company is headed by Cristiano Amon—the company's chief executive officer (CEO) since 2021. He also serves on the company's 澳洲幸运5官方开奖结果体彩网:board of directors. Before assuming the role of CEO, Amon served as the company's president and oversaw Qualcomm's 5G initiatives.

Qualcomm came in the 426th spot on 澳洲𝓰幸运5官方开奖结果体彩网:Fortune's list of top 500 companies in 2024—dropping 92 spots from the previous year. The company falls betwee🉐n Ola🌠m Group and Broadcom.

The company reported revenue of $37 billion at the end of the 2023 fiscal year with non-GAAP earning per share (EPS) of $7.44.

Business Segments

Qualcomm competes in three main revenue segments:

• Qualcomm CDMA Technologies (QCT) which sells the company's products and services
• Qualcomm Technology Licensing (QTL) which is the company's patent licensing side of the business
• Qualcomm Strategic Initiatives (QSI)—the side of the company that makes strategic investments

Qualcomm has one other revenue segment—referred to as its other segment. This division consists of the odds and ends that don't fit neatly into its other business units.

Competitors: Products & Services

Qualcomm's QCT business segment designs and provides software and other technologies that are used in 澳洲幸运5官方开奖结果体彩网:smartphones an🔯d other devices including tablets, gaming devices, laptops, routers, data cards as well as consumer electronics and vehicle entertainment systems.

This segment competes directly with major names including Apple, Huawei, HTC, Nokia, and Samsung in mobile phone technology. It also competes with the likes of MediaTek and Samsung in the semiconductor market. Since Qualcomm is involved in making chipsets for electronic devices and peripherals, it is also directly competing against AMD, Intel, and Nvidia.

Competitors: Strategic Investments

Through its QSI segment, Qualcomm invests in a series of early-stage companies in a range of different industries including—but not limited to automotive, internet of things (IoT), mobile, data center, and healthcare.

Qualcomm competes fiercely with traditional personal computer and hardware designers and manufacturers such as IBM, Hewlett-Packard, and Dell. The company also faces competition from internet 澳洲幸运5官方开奖结果体彩网:conglomerates like Google. Other important competitors in this space include Broadcom, Texas Instruments, and Nokia.

The Bottom Line

Qualcomm is a multi-billion-dollar company that participates in several segments of the telecommunications sector. Because it has so many product lines, it also has many competitors. In the mobile phone sector, it competes against companies like Samsung and Huawei; as a chip maker, it also competes against AMD and Nvidia.