Turning faster connections into green gains.
The mobile-chip designer has been a leader in wireless tech since the earliest smartphones. Now it’s building chips for 5G connectivity, which promises speeds 10 to 100 times as fast as those of today’s phones. Already, phonemakers are using Qualcomm modem chips to power 5G-compatible devices. But the company will soon introduce inexpensive, low-power versions for smart devices and sensors that could have a profound impact on the planet. As such sensors become pervasive, cities will be able to monitor air and water quality in real time, farmers can avoid overwatering or overfertilizing crops, and self-driving cars will communicate with each other to avoid traffic jams and reduce emissions.
Semiconductors and Other Electronic Components
|Prior Year Rank||-|
|Revenues ($M) (Last Fiscal Year)||$22,732|
|Profits ($M) (Last Fiscal Year)||$-4,864|
|Market Value ($M) as of 8/12/19||$84,853|