Qualcomm is a fascinating company. Qualcomm (QCOM) designs, develops, manufactures and markets digital communications products and services based on CDMA, OFDMA and other technologies. Most people are familiar with Qualcomm being used either as chipsets or their technology licensed into other chipsets – and the technology is pervasive. This post discusses and links you to Qualcomm’s vision for the future.
Qualcomms’s Vision For the Future
Qualcomm chips and/or technology is pervasive in almost every smartphone in the world. The company is an enabler of communications and is at the forefront of cracking new spaces and opening up avenues for hundreds of companies to flourish. Initially Qualcomm started off as simply a focused company on some radio technologies and realized that they could build the chipsets and navigated into a gold mine by making some strategic bets in the past 20 years. The company timed perfectly the maturity of the industry and enabling communication for smartphone launches and now that the smartphones have saturated (atleast in the western world), the company is looking at other avenues for new growth. Steve Mollenkopf, CEO of Qualcomm, discusses their vision in the video below (video length: 1h27m). I invite you to watch it – whether you are interested in Qualcomm as an investor or simply interested in the technology space and understand where things are headed in the near future. For the investment-focused folks, be sure to also check out the slides from 2014 New York Analyst Day held a couple of weeks ago.
Disclosure: Long QCOM. My full list of holdings is available here.