Qualcomm Revenue

Since the time when Qualcomm collaborated with Omninet in 1988, it recorded a rise in its employee count that was eight in 1986 and rose to 620 in 1991. Alongside, it generated the revenue of $32 million by 1989, and half of it came from a contract with Omnitracs Schneider National.

Qualcomm began trading for IPO in the year 1991. Then it increased its business model to now produce chipsets and processors for devices.

Qualcomm acquired NUVIA for $1.4 billion dollars in 2021. NUVIA is also a chip manufacturing company. The company generated a revenue of over $33.57 billion in the fiscal year of 2021. The revenue included the selling of various semiconductor devices, wireless communication patents, and other chipsets in mobile devices.

Qualcomm is an American multinational company that specializes in semiconductor and chip manufacturing and services related to wireless technologies. The company is headquartered in San Diego, California.

It manufactures various mobile chip processors and wireless communication technologies for mobile phones like the 5G, 4G, CDMA2000, TD-SCDMA, and WCDMA mobile communications standards.