Welcome to our dedicated page for Qualcomm news (Ticker: QCOM), a resource for investors and traders seeking the latest updates and insights on Qualcomm stock.
Qualcomm Inc. (QCOM) is a leading American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. Known for its innovative contributions to wireless technology, Qualcomm develops and licenses essential technology and designs semiconductors for mobile devices. Core to its business are its patents related to 5G, 4G, CDMA2000, TD-SCDMA, and WCDMA standards, which are integral to modern mobile communication networks.
In addition to licensing its technology to nearly all wireless device makers, Qualcomm stands as the world's largest supplier of wireless chips, providing advanced processors to top-tier smartphone manufacturers. The firm's expertise also extends into RF-front end modules, automotive technology, and the Internet of Things (IoT), showcasing a diverse portfolio that goes beyond mobile devices.
Recent achievements include the Qualcomm® Thinkabit Lab™, an initiative engaging over 100,000 youth in hands-on engineering projects since its inception in 2014. This program, in collaboration with STEM Next, aims to ignite interest in STEM careers among students across multiple states.
Qualcomm's global reach is further exemplified by its ecosystem programs such as the Qualcomm Vietnam Innovation Challenge (QVIC), Qualcomm Innovate in Taiwan Challenge (QITC), and the Africa Innovation Platform. These initiatives support startups with technology training, business coaching, and intellectual property mentoring, fostering innovation and entrepreneurship in emerging markets.
Financially, Qualcomm has made significant investments in R&D, exceeding $85 billion over the years, resulting in a robust patent portfolio of over 160,000 patents and applications. The company's focus on future technologies includes advancements in AI, 6G, and multimedia, ensuring its leadership position in the industry.
Qualcomm's commitment to sustainability is evident through its collaborations with suppliers on environmental initiatives and renewable energy projects. The company continues to drive innovation, societal advancement, and sustainability, making substantial contributions to the global technology landscape.
Qualcomm has unveiled significant advancements in optimizing AI workloads for edge devices like smartphones and PCs, aiming to enhance reliability, latency, privacy, and cost. The company showcased the world’s first Stable Diffusion model running on an Android phone. Recent research compares FP8 and INT8 formats for neural networks. Findings indicate that the INT8 format is superior in terms of cost and performance, with FP8 being less efficient due to additional hardware requirements. The study emphasizes that while FP8 may improve training processes, INT8 remains the best option for efficient AI inference. Qualcomm also introduced the AI Model Efficiency Toolkit (AIMET) to facilitate better implementation of AI on devices.
Qualcomm highlighted the importance of digital transformation during the recent forum in Davos, emphasizing that it must benefit all stakeholders.
Angela Baker, Qualcomm's Chief Sustainability Officer, underscored the necessity for organizations to adopt swift and large-scale transformations, focusing on both human and environmental factors.
The forum saw a record attendance of sustainability officers and featured discussions on prioritizing humanity in a digital world. As Qualcomm leads in 5G technology, the company remains committed to integrating sustainability within digital advancements.
NORTHAMPTON, MA / ACCESSWIRE / March 23, 2023 / Qualcomm highlights the achievements of engineer Dr. Kelly Tchambake, who has secured three patents and is pivotal in developing an innovative analog-to-digital converter for audio applications. Tchambake, inspired by her father's engineering background, focused on mobile technology efficiencies. At Qualcomm, she collaborates in a diverse team environment that fosters innovation and creativity. Her journey emphasizes resilience and purpose, encouraging underrepresented inventors. Qualcomm's culture promotes collaboration and support for new ideas, enhancing product quality in consumer electronics.
Qualcomm's 2022 Corporate Responsibility Report highlights the growth of the Qualcomm Women Employee Network, which now has nearly 10,000 members across 25 chapters, representing about 20% of the workforce. This initiative focuses on promoting gender inclusion, offering mentorship, leadership opportunities, and outreach for women in STEM. The network has established 15 Peer Groups with over 1,000 participants, organizing more than 600 events. Furthermore, a Male Allyship program has been piloted to encourage male advocacy for gender inclusion. The initiative aims to foster a supportive community for women's career development.
Qualcomm is committed to enhancing its sustainability efforts as outlined in its 2022 Corporate Responsibility Report. This initiative focuses on efficiently utilizing resources, including water and energy, while aiming to lower emissions and minimize waste. The company's Governance Committee oversees sustainability efforts, working alongside the ESG Leadership Committee, which includes senior management from various departments. Qualcomm emphasizes the importance of collective action in addressing environmental concerns, aiming to integrate corporate responsibility into its core business strategy.
Qualcomm emphasizes the importance of diversity in innovation and recruitment, as detailed in its 2022 Corporate Responsibility Report. The company highlights successful partnerships with organizations like AnitaB.org and the National Society of Black Engineers, aimed at increasing hiring rates for women and underrepresented minorities. Their initiatives include hosting booths at tech conferences and career fairs, engaging military veterans, and promoting re-entry programs for professionals. Qualcomm aims to create an inclusive culture that enriches its talent pipeline and meets customer needs globally.
Qualcomm highlights its commitment to ethical operations in its 2022 Corporate Responsibility Report. The company emphasizes diversity, inclusion, and employee development through strong compensation and wellness programs. Qualcomm prioritizes cybersecurity to protect its operations and intellectual property while maintaining high standards for data privacy. Additionally, Qualcomm supports public policies that drive innovation and mobile technology growth.
Qualcomm Technologies, Inc. has announced the shortlisted teams for the Qualcomm Vietnam Innovation Challenge 2023, with ten startups in various technology sectors, including smart cities and robotics, receiving a US$10,000 grant each. The program aims to support Vietnam's digital transformation by offering technical assistance, business coaching, and intellectual property training over an 8-month incubation period. The finalists will compete for cash prizes totaling US$225,000. This year witnessed a record number of applications, indicating the growth of Vietnam's startup ecosystem.
Qualcomm has published its 2022 Corporate Responsibility Report, highlighting its role as a global leader in wireless technology. The company's inventions drive the growth of smartphones and connectivity in various sectors including automotive and IoT. Qualcomm emphasizes its commitment to fair licensing practices, collaboration with ecosystem partners, and investment in research and development (R&D). The firm aims to inspire innovation across emerging markets through mentorship programs. Additionally, Qualcomm's Technical Business Review process ensures alignment between technology development and product roadmaps.
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