To focus on innovation and research and development, while also generating significant revenue from its intellectual property. Qualcomm’s technologies are the building blocks for other companies to create the products and services that ultimately reach consumers. The company’s innovations have helped power the mobile revolution, and it continues to push the boundaries of what’s possible in the world of wireless telecommunications. Qualcomm’s business model has been successful in large part because of its focus on collaboration and innovation.
By working closely with other companies to develop new partners email lists technologies and products, Qualcomm has been able to stay at the forefront of the wireless telecommunications industry and maintain its position as a leader in the field. How Qualcomm Makes Money Qualcomm generates revenue from two major subsidiaries: Qualcomm CDMA Technologies (QCT) and Qualcomm Technology Licensing (QTL). QCT derives its revenue from the sale of products and services, primarily from the sale of chips for mobile devices, automotive, and Internet of Things (IoT) applications.
On the other hand, QTL generates its revenue from licensing fees for its intellectual property (IP) portfolio, which includes patents for CDMA, WCDMA, OFDMA, and other wireless technologies. In 2021, Qualcomm generated $33.57 billion in revenue, with QCT accounting for $25.56 billion and QTL accounting for $7.01 billion. This was a significant increase from the previous year, where the company generated $23.53 billion in revenue, with QCT accounting for $16.
This approach allows the company
-
- Posts: 121
- Joined: Mon Dec 23, 2024 6:39 am