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 Incorporated (NASDAQ: QCOM) announced a quarterly cash dividend of $0.75 per common share, payable on September 22, 2022. Stockholders of record will be eligible if they hold shares at the close of business on September 1, 2022. This announcement reflects Qualcomm's commitment to returning value to its shareholders amidst its leadership in 5G technology and wireless innovation.
Qualcomm Incorporated (NASDAQ: QCOM) announced it will release its third quarter fiscal 2022 financial results on July 27, 2022, after market close. The results will be available on its Investor Relations website and filed with the SEC on Form 8-K. A conference call to discuss the results will be held on the same day at 1:45 p.m. PT, with a replay accessible for 30 days. Qualcomm continues to lead in wireless technology and 5G development, impacting various industries, including automotive and IoT.
BetterInvesting Magazine has highlighted Align Technology (ALGN) as its 'Stock to Study' and Qualcomm Inc. (QCOM) as its 'Undervalued Stock' in the September 2022 issue. This selection, made by the Editorial Advisory and Securities Review Committee, aims to provide investors with educational insights amid recent market conditions. Ken Zendel, CEO of NAIC, notes that the current market pullback offers opportunities for investors to acquire growth stocks at reasonable prices. The magazine encourages individuals to utilize BetterInvesting's tools for informed investment decisions.
Qualcomm (NASDAQ: QCOM) announced its financial results for Q2 FY2022 on April 27, 2022. The complete earnings release is accessible on Qualcomm's Investor Relations site and will be filed with the SEC via Form 8-K. The company is a pioneer in wireless technology and plays a significant role in advancing 5G. Qualcomm's tech is integral to the mobile ecosystem, influencing various industries such as automotive and IoT. Details on the financial performance, including earnings and guidance, will be discussed in a conference call also held on April 27, 2022.
Qualcomm has appointed Jim Cathey as Chief Commercial Officer, effective immediately. Cathey, who has been with Qualcomm since 2006, previously held senior roles overseeing global sales and business development. His leadership is credited with enhancing partner relationships and regional sales capabilities. This strategic move is expected to aid Qualcomm in exploring new industries and maximizing growth opportunities.
Qualcomm (NASDAQ: QCOM) announced it will release its financial results for the second quarter of fiscal 2022 on April 27, 2022, post-market hours. The results will be accessible on the Company's Investor Relations website and will also be submitted to the SEC via Form 8-K. Following the release, a conference call will be held on the same day at 1:45 p.m. PT, which will be available for live broadcast and later replay. Qualcomm continues to lead in wireless technology, especially in 5G development.
Qualcomm Incorporated (NASDAQ: QCOM) has announced a quarterly cash dividend of $0.75 per common share, with a payment date set for June 23, 2022. Stockholders of record must hold shares by the close of business on June 2, 2022. This announcement reinforces Qualcomm's commitment to returning value to shareholders amidst its leadership in wireless technology and the advancement of 5G connectivity.
Qualcomm has successfully acquired Arriver from SSW Partners, enhancing its capabilities in providing competitive Advanced Driver Assistance Systems (ADAS) to the automotive sector. This acquisition will integrate Arriver's technology into Qualcomm's Snapdragon Ride Platform, aiming to enhance autonomous driving functionalities. As a result, Qualcomm is better positioned within the automotive technology landscape, boasting a $13 billion automotive design-win pipeline and collaborations with major car manufacturers like General Motors and BMW.
Qualcomm has announced a 10% increase in its quarterly cash dividend, raising it from $0.68 to $0.75 per share, effective for dividends payable after March 24, 2022. This change brings the annualized dividend payout to $3.00 per share. CEO Cristiano Amon highlighted the company's commitment to returning capital to shareholders through dividends and stock repurchases, targeting a high-single-digit to low-double-digit growth in annual dividends.
Qualcomm Incorporated (NASDAQ: QCOM) announced its financial results for the first quarter of fiscal 2022 on February 2, 2022. The earnings release is available on the Qualcomm Investor Relations website and will be filed with the SEC. A conference call discussing the results will be held on the same day at 1:45 p.m. PT, with an audio replay available for 30 days. Qualcomm continues to be a leader in wireless technology, particularly in advancing 5G and mobile ecosystem innovations. For further information, visit www.qualcomm.com.
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