 Stock Symbol: QCOM www.qualcomm.com Stock Exchange: NASDAQ Chairman and CEO: Irwin Mark Jacobs LOCATIONS 2003 Employees: 7,400 San Diego, CA (HQ) 2003 Revenue ($mil.): $3,971 Germany India KEY COMPETITORS Nokia DEPARTMENTS Samsung Electronics Engineering Texas Instruments Human Resources Management EMPLOYMENT CONTACT Phone: (619) 658-JOBS E-mail: resumes@qualcomm.com 114 VAULT LIBRARY CAREER 2005 Vault Inc. Vault Guide to the Top Telecom Employers QUALCOMM Incorporated THE SCOOP Market leader Digital cell phone technology pioneer QUALCOMM was founded by college professors Irwin Jacobs and Andrew Viterbi in San Diego, Calif., in 1985. The company has seen its share of ups and downs as the tech market has gone through its own growth and contractions over the last several years. But through it all, QUALCOMM has remained strong. By the end of 2003, the company had 7,400 employees and saw yearly sales of $3.9 billion, up form $3 billion in 2002. Today, CDMA, tomorrow, the world! QUALCOMM built a critical niche for itself in the wireless communications market by developing a technology for transmitting digital information called code-division multiple access (CDMA). Originally developed by the U.S. government, CDMA enables the transmission of much greater data over cellular phones than is possible with other technologies. CDMA currently stands as the world's second most widely used wireless technology standard. QUALCOMM supplies about 90 percent of the chips for CDMA phones worldwide and earns a royalty on each phone sold. After years of uncertainty, CDMA technology finally gained wide acceptance as the cell phone technology of choice (at least in America). Eager to capitalize on this development, the company sold its handset manufacturing and wireless infrastructure businesses - two steps crucial to the acceptance of CDMA - to concentrate on chip manufacturing based on CDMA technology, satellite communications for truckers called OmniTRACS, and Internet e-mail client software called Eudora. In response, in 1999 grate