How Qualcomm Makes Money

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Qualcomm's technologies are the building blocks for other companies to create the products and services that ultimately reach consumers. The company's innovations helped make the mobile revolution possible, and the company continues to push the boundaries of what's possible in the world of wireless telecommunications.

Qualcomm's business model has been successful in large part because of its focus on collaboration and innovation. By working closely with other companies to develop new technologies and products, Qualcomm has been able to stay ahead of the wireless telecommunications industry and maintain its position as a leader in this field.

Qualcomm generates revenue from two major subsidiaries: Qualcomm CDMA Technologies (QCT) and business owner data Qualcomm Technology Licensing (QTL). QCT generates its revenue from the sale of products and services, primarily from the sale of chips for mobile devices, automobiles, and Internet of Things (IoT) applications. On the other hand, QTL generates its revenue from licensing fees for its intellectual property (IP) portfolio, which includes patents for CDMA, WCDMA, OFDMA, and other wireless technologies.

In 2021, Qualcomm generated $33.57 billion in revenue, with QCT accounting for $25.56 billion and QTL accounting for $7.01 billion. This was a significant increase from the previous year, when the company generated $23.53 billion in revenue, with QCT accounting for $16.97 billion and QTL accounting for $6.56 billion.