Business Model
The Past
Before Qualcomm, consumers were offered few choices when it came to mobile phones. Only the largest mobile phone manufacturers could afford to invest in technology development. Smaller companies with the newest ideas simply did not have the big research and development budgets needed to realize their visions.Then Qualcomm introduced its business model:.
The goal was simple: provide all wireless companies with the R&D to bring their innovations to market.
The Process
Through our own R&D accomplishments and through strategic partnerships with other forward-thinking companies, Qualcomm develops the breakthrough technology wireless companies need to power their business. We then openly license these innovations across the wireless industry, providing all companies-big or small-an equal opportunity to shape the future of wireless.The Effect
The results have been dramatic. Today, consumers have far more wireless choices than ever before…and the number just keeps on growing.Furthermore, with each new wireless technology, with each revolutionary feature brought to market, come new customers and the additional revenue they bring. A portion of this revenue reaches us, enabling us to create another round of innovations. When we make these next-generation developments available to wireless companies, the cycle begins again.

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