In a recent presentation by Scott Inglis from Carnegie Investment Counsel, Qualcomm (QCOM) was discussed as a company with hidden value beyond its reputation in the cell phone industry. The presentation aimed to shed light on Qualcomm’s diverse business model, highlighting its role in providing semiconductors for mobile phones, wireless applications, and integrated solutions. This article provides a neutral summary of the key points from the presentation, focusing on Qualcomm’s potential growth drivers and key considerations for investors.
Qualcomm, known for its Snapdragon processors and baseband modems, has a diverse revenue stream. In addition to licensing agreements for 3G/4G/5G patents, Qualcomm also generates revenue from selling processors, modems, RF modules, and other semiconductor components to mobile and commercial wireless applications. The presentation emphasized Qualcomm’s significant role in the iPhone 12, where the value of the 5G content exceeded that of the 4G content by 1.5 times.
Presentation summary generated by ChatGPT