Qualcomm Inc (NASDAQ:QCOM)

QUALCOMM, Inc. develops, designs, manufactures and markets digital telecommunications products and services. It also supplies integrated circuits and system software based on code division multiple access, orthogonal frequency division multiple access and other technologies for use in voice and data communications, networking, application processing, multimedia and global positioning system products to device and infrastructure manufacturers. The company sells equipment, software and services to transportation and other companies to wirelessly connect their assets and workforce. It operates through four segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, Qualcomm Wireless & Internet, and Qualcomm Strategic Initiatives. The Qualcomm CDMA Technologies segment develops and supplies integrated circuits and system software based on CDMA, OFDMA and other technologies for use in voice and data communications, networking, application processing, multimedia and global positioning system products. The Qualcomm Technology Licensing segment provides rights to use portions of the company's intellectual property portfolio, which includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products, including, without limitation, products implementing CDMA2000, WCDMA, CDMA TDD, GSM/GPRS/EDGE and OFDMA standards and their derivatives. The Qualcomm Wireless and Internet segment consists of four divisions: Qualcomm Internet Services, Qualcomm Enterprise Services, Qualcomm Government Technologies, and Firethorn. The Qualcomm Enterprise Services division provides fleet management, satellite- and terrestrial-based two-way wireless information and position reporting and other services, software and hardware to transportation and logistics companies. The Qualcomm Internet Services division offers content enablement services for the wireless industry and push-to-talk and other software products and services for wireless network operators. The Qualcomm Government Technologies division provides development and other services and related products involving wireless communications technologies to government agencies and their contractors. The Firethorn division builds and manages software applications that enable certain mobile commerce services. The company was founded by Irwin Mark Jacobs, Franklin Antonio, Adelia Coffman, Andrew Cohen, Klein Gilhousen, Andrew Viterbi, and Harvey White in July 1985 and is headquartered in San Diego, CA.