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Qualcomm Inc - QCOM STOCK NEWS

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.

News

Qualcomm's 2023 Corporate Responsibility Report: Driving Innovation, Societal Advancement, and Sustainability

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Qualcomm Incorporated released its annual Corporate Responsibility Report, showcasing its ESG performance in 2023. The report highlights achievements in environmental sustainability, power efficiency, and recognition for ESG performance. Qualcomm's ESG priorities focus on digital transformation, responsible actions, and sustainability. Key highlights include reducing power consumption in Snapdragon products, sustainable supply chain management, and surpassing global GHG emissions goals ahead of schedule.
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Fifty-One Youth Leaders Selected To Represent All 50 States As Stem Learning Ambassadors

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STEM Next Opportunity Fund's youth ambassador program equips young leaders with skills to drive the national conversation forward.
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Qualcomm Earnings Release Available on Company’s Investor Relations Website

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Qualcomm Incorporated (QCOM) released its first quarter financial results for fiscal 2024. The earnings release is available on the Qualcomm Investor Relations website and will be furnished to the SEC on a Form 8-K. A conference call to discuss the results will be broadcast live on January 31, 2024, with an audio replay available for 30 days thereafter.
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Qualcomm Wireless Reach Closes the Digital Divide in Telehealth

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Qualcomm, through its Wireless Reach initiative, is collaborating with George Washington University Medical Faculty Associates to reduce the digital divide in healthcare by providing Medicaid patients with digital literacy skills and remote patient monitoring devices. This partnership aims to better connect patients to the care they need, especially with older patients, by teaching them how to use telehealth features and providing them with 5G phones and Bluetooth-enabled devices for remote patient monitoring. This investment in digital skills and technology accessibility is helping more patients gain confidence in their healthcare options.
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Qualcomm Appoints Akash Palkhiwala as Chief Financial Officer and Chief Operating Officer

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Qualcomm Incorporated (NASDAQ: QCOM) has announced the appointment of a new Chief Accounting Officer. The company also reported strong financial results for the fiscal year, with a 29% increase in revenue and a 15% increase in net income. Additionally, Qualcomm has expanded its business development efforts with new partnerships and collaborations.
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Qualcomm Announces Quarterly Cash Dividend

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Qualcomm Incorporated (QCOM) has declared a quarterly cash dividend of $0.80 per common share, payable on March 21, 2024, to stockholders of record at the close of business on February 29, 2024.
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Qualcomm Schedules First Quarter Fiscal 2024 Earnings Release and Conference Call

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Qualcomm Incorporated (NASDAQ: QCOM) has announced that it will release its financial results for the first quarter of fiscal 2024 on January 31, 2024. The earnings release will be available on the Company’s Investor Relations website and furnished to the SEC on Form 8-K. Qualcomm will also host a conference call to discuss the results, which will be broadcast live and available for replay via telephone and online.
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Endura Technologies Appoints New CEO, and Strategic Board Members to Accelerate Growth of System-on-Chip Power Delivery Pioneer

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Endura Technologies, a pioneer in advanced power delivery solutions for System on Chip (SoC) applications, has announced a significant transformation in its leadership team. Michael Sanie, a seasoned leader in go-to-market and business strategy, joins as Chief Executive Officer, with Faraj Aalaei, former CEO and Chairman of Aquantia Corporation and Centillium Communications, stepping in as the new Chairman of the Board of Directors. Additionally, Benny Malek, a visionary in technology leadership, is named as a new member of the Board. The company is poised to lead the next generation in performance, scalability, and efficiency in SoC power delivery applications. Endura Technologies is redefining SoC power management paradigms, addressing current and future market demands.
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The Inventor Series Sponsored By Qualcomm: Featuring CurveAssure

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CurveAssure, a startup co-founded by Antony Fuleihan and Evan Haas, has developed an at-home, wearable monitoring device for spine patients. The device provides physicians with posture analysis data, allowing for faster data-driven patient care and surgical decision-making. The startup has progressed through various accelerators and programs, including the VentureWell Accelerator, and has been featured in the OPENminds Innovator Showcase.
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Qualcomm and Adams and Adams Launch Free Online IP Training for African Innovators

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Qualcomm Incorporated (QCOM) announced the launch of L2Pro Africa IP e-learning Platform, a free online training program designed to empower startups, SMEs, and researchers in Africa to protect, secure, and maximize their innovations. The program, created in collaboration with Adams and Adams, Africa's leading intellectual property (IP) law firm, will provide comprehensive training on intellectual property fundamentals, including patents, copyrights, trademarks, and IP integration into business models. The course also focuses on individual filing procedures for patents, industrial designs, and trademarks in several African countries and patent organizations. The program aims to nurture a culture of intellectual property protection to foster economic growth, create jobs, and transform Africa into a global hub of innovation.
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FAQ

What is the current stock price of Qualcomm (QCOM)?

The current stock price of Qualcomm (QCOM) is $160.5 as of November 15, 2024.

What is the market cap of Qualcomm (QCOM)?

The market cap of Qualcomm (QCOM) is approximately 179.8B.

What does Qualcomm Inc. specialize in?

Qualcomm specializes in developing and licensing wireless technology and designing semiconductors for mobile devices.

Where is Qualcomm headquartered?

Qualcomm is headquartered in San Diego, California, and incorporated in Delaware.

What are some of Qualcomm's key patents?

Qualcomm holds key patents critical to 5G, 4G, CDMA2000, TD-SCDMA, and WCDMA mobile communications standards.

What is the Qualcomm® Thinkabit Lab™?

The Qualcomm® Thinkabit Lab™ is an educational initiative that engages youth in hands-on engineering activities, fostering interest in STEM careers.

How does Qualcomm support startups?

Qualcomm supports startups through ecosystem programs like QVIC, QITC, and the Africa Innovation Platform, providing training, mentoring, and funding.

What is Qualcomm's investment in R&D?

Qualcomm has invested over $85 billion in R&D, resulting in a robust patent portfolio of over 160,000 patents and applications.

How does Qualcomm contribute to sustainability?

Qualcomm collaborates with suppliers on environmental initiatives and renewable energy projects, promoting sustainability and reducing environmental impact.

What markets does Qualcomm supply its chips to?

Qualcomm supplies its chips to markets including smartphones, automotive, and the Internet of Things (IoT).

What future technologies is Qualcomm working on?

Qualcomm is working on advancements in AI, 6G, multimedia, and other cutting-edge technologies.

How does Qualcomm engage with the global community?

Qualcomm engages with the global community through various educational programs, sustainability initiatives, and support for technological innovation.

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Qualcomm Inc

Nasdaq:QCOM

QCOM Rankings

#62 Ranked by Market Cap
#1344 Ranked by Dividends

QCOM Stock Data

179.83B
1.11B
0.09%
81.15%
2.25%
Semiconductors
Radio & Tv Broadcasting & Communications Equipment
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United States of America
SAN DIEGO