Overview
Qualcomm develops and commercialises wireless connectivity, high-performance low-power computing and AI technologies, selling chips (its QCT business) and licensing patents[14]. It was incorporated in California in 1985 and reincorporated in Delaware in 1991; its head office is in San Diego and its shares trade on Nasdaq[14]. Revenue for fiscal 2026, which ended on 27 September 2026, was US$43,120 million, down 2.6% on fiscal 2025[14]. The 10-K warns that a major handset customer’s move to its own modem chips will have a significant negative impact on QCT revenue and describes growth efforts in automotive, IoT and data centres, including the acquisition of Alphawave IP Group in the first quarter of fiscal 2026[14]. Qualcomm had approximately 57,000 full-time, part-time and temporary workers[14].
Qualcomm strengths and limitations
Strengths
- Licensing revenue alongside chips
- Profit margin of 22%
- Strong position in Android smartphones
Limitations
- Dependent on smartphone cycle
- Fell one place
- Profit margin below NVIDIA's and Broadcom's
Appears in
Qualcomm alternatives and competitors
Alternatives to Qualcomm: companies ranked in the same lists.
- NVIDIA
Applied Materials
Marvell Technology
Analog Devices- Sandisk
- Texas Instruments
Lam Research
KLA- AMD
- Intel
Micron Technology
Broadcom
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