Qualcomm Throws Up Some Big Numbers, Sees Double-Digit Growth Ahead

11/16/12Follow @bvbigelow

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expanding cornucopia of smartphones, tablets, laptops, and other mobile computing devices.

The company also has been working to spur demand even higher by stepping up its technology innovation in its core areas of expertise: wireless computer processing units, graphics processing units, digital signal processors, modems, network connectivity, sensors, and displays. “If you look at it, there is just a lot of stuff happening in every one of these categories,” Jacobs said. “We’re not just waiting, we’re going out and driving innovation in these sectors.”

Qualcomm has spent about $20 billion on R&D over the past 10 years, which has helped the company claim the lead in application processors, along with the CPUs, GPUs, DSPs, radio frequency chips, and 3G/4G/LTE technology, according to Steve Mollenkopf, Qualcomm’s president and chief operating officer (COO).

Mollenkopf says he considers fiscal 2012 the year when Qualcomm began to pull away from the pack in wireless chip design, saying, “that’s because we showed the industry a really differentiated chip.”

Qualcomm views its “system on a chip” approach as a competitive advantage, because the company controls development of … Next Page »

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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