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For example, a small company that has developed a new method for making gasoline from crude oil is very likely to license it to an established company, because building a re?nery just isn't feasible for a small business. Another example of an organization that licenses its technology to others is a university.
It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards. U.S. Financials as of September 24, 2023. Qualcomm was established in 1985 by Irwin Jacobs and six other co-founders.
Qualcomm is a multinational corporation known for designing and manufacturing semiconductors and wireless telecommunications products.
In the 2021 fiscal year, Qualcomm generated about 44.2 billion U.S. dollars in revenue, an increase from the previous 33.6 billion U.S. dollars in 2021. In the licensing segment, revenue peaked at 7 billion U.S. dollars in 2022.
Our global licensing program enables us to share our world-leading inventions with licensees so they can focus on providing the best possible products to their customers. Across more than 300 licensing agreements, over 18B devices have benefitted from licensing Qualcomm's patents.