Qualcomm creates intellectual property, semiconductors, software, and specific services, referred to as wireless technology. It owns patents crucial to mobile communications standards. Qualcomm has evolved into selling semiconductor products in a manufacturing model. It also developed semiconductor parts or software for vehicles, laptops, Wi-Fi, watches, smartphones, and other devices.
Qualcomm’s best-known achievement, by far, is creating the smartphone. Its patents are part of the model for modem wireless broadband methods, and the company is now the world’s largest producer of baseband processors, which are the modem chip that allows phones to hook-up to data networks. Research has demonstrated that Qualcomm has an estimated fifty-two percent share of the baseband processor market.