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Qualcomm moves toward faster speeds

Qualcomm Inc. (Nasdaq: QCOM) took a couple major steps toward its goal of super-high-speed wireless transmissions on Wednesday by completing its acquisition of the Israeli firm Wilocity and unveiling a family of platforms that it says will “significantly increase performance and enable cutting-edge wireless applications.”

Wilocity has been a leader in the development of 60 GHz wireless chipsets based on what is becoming known as WiGig technology. This technology is designed to allow such things as as near-instantaneous access to the cloud. Qualcomm released no details on how much the acquisition cost.

At the same time, Qualcomm announced the delivery of a family of tri-band platforms that combine Qualcomm Atheros Inc.'s Wi-Fi and WiGig solutions to significantly increase performance and enable cutting-edge wireless applications. The initial platform is based on the Qualcomm Snapdragon 810, the world's first mobile platform designed to support WiGig to enable applications such as 4k video streaming, peer-to-peer content sharing, networking, wireless docking and backing up entire media libraries in seconds.

On Thursday, the company announced that it embarked on a collaboration with China’s Semiconductor Manufacturing International Corp. (NYSE: SMI) in connection with 28nm process technology and wafer manufacturing services in China to manufacture Qualcomm Snapdragon processors. This collaboration will make SMIC one of the first semiconductor foundries in China to offer local production for some of Qualcomm Technologies' latest Snapdragon processors on the 28nm node.

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Qualcomm Inc.

Company Website

5775 Morehouse Dr.
San Diego, CA 92121

Qualcomm Inc. Executive(s):

Irwin Mark Jacobs

  • Founding Chairman, CEO Emeritus

Paul Jacobs

  • Executive Chairman

Tamar Elkeles

  • Vice President

Don Jones

  • Vice President

Don Rosenberg

  • General Counsel

Mark Leslie

  • Vice President, External Affairs

Steven Altman

  • Vice Chairman

Steve Mollenkopf

  • Chief Executive Officer

Derek Aberle

  • President

Navrina Singh

  • Director of Product Management

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NAICS - 334220 - Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
SIC - 3663 - RADIO AND TELEVISION BROADCASTING AND COMMUNICATIONS EQUIPMENT
SIC - 3663 - ELECTRONIC COMPONENTS, NOT ELSEWHERE CLASSIFIED

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2012