Qualcomm Inc. (NASDAQ: QCOM) develops and commercializes wireless communication technologies, including the 3G CDMA standard and the 4G LTE standard. In addition to licensing intellectual property associated with these technologies, the company also develops and produces software and integrated circuits, or chipsets, used in wireless network equipment and mobile devices. In the near term, Qualcomm is pursuing a parallel development strategy covering 4G, 5G and Wi-Fi technology to support multimode mobile devices that can jump between networks seamlessly as 5G network capabilities are phased in over time. The company is closely involved with the development of 5G industry standards and has produced technological innovations in millimeter wave technology, antenna technology and other technical areas of 5G development. Qualcomm is based in California and has a market capitalization of $80.6 billion.
