By 1989, Qualcomm had $32 million in revenue, 50 percent of which was from an Omnitracs contract with Schneider National. Qualcomm grew from eight employees in 1986 to 620 employees in 1991, due to demand for Omnitracs. ![]() Qualcomm merged with Omninet in 1988 and raised $3.5 million in funding in order to produce the Omnitracs satellite communications system for trucking companies. It started as a contract research and development center largely for government and defense projects. The company was named Qualcomm for "QUALity COMMunications". Qualcomm was created in July 1985 by seven former Linkabit employees led by Irwin Jacobs. 1.3 2015–present: NXP, Broadcom and NUVIA.It also developed semiconductor components or software for vehicles, watches, laptops, wi-fi, smartphones, and other devices. Over the years, Qualcomm has expanded into selling semiconductor products in a predominantly fabless manufacturing model. ![]() Afterwards there was a series of legal disputes about pricing for licensing patents required by the standard. After a heated debate in the wireless industry, the 2G standard was adopted with Qualcomm's CDMA patents incorporated. Its early research into CDMA wireless cell phone technology was funded by selling a two-way mobile digital satellite communications system known as Omnitracs. ![]() Qualcomm was established in 1985 by Irwin M. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards. It creates semiconductors, software, and services related to wireless technology. Qualcomm ( / ˈ k w ɒ l k ɒ m/) is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware.
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