Qualcomm is a profitable company with a market cap of around $144.5bn and has paid a consistent dividend, even following the Covid-19 crisis. As 5G goes beyond mobile phones, it presents a big opportunity for Qualcomm its chips enable communications in everything from IoT devices to autonomous cars. Last year, Qualcomm reached an agreement with Apple for the supply of its chipset in a multi-year deal, concreting the pivotal role Qualcomm could play in 5G technologies. Qualcomm also develop and commercialise wireless technologies and has previously licensed many technologies related to 3G and 4G technology.įor 5G technologies, more connected devices result in greater income for Qualcomm, due to growth in licensing sales. The company designs and creates software and chips for use in wireless equipment like mobile phones.
Qualcomm is a technology company headquartered in San Diego, California.
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