largest and the key fabless chipset supplier of the world. Qualcomm holds a vast majority of the CDMA patents (IPR) and receives royalty on every 3G handset that gets sold in the world. CDMA is the underlying multiple access technique that is used in all the three 3G standards (CDMA2000, TD-SCDMA, and WCDMA). A fabless semiconductor company like Qualcomm specializes in the design and sale of hardware devices implemented on semiconductor chips. These companies concentrate on R&D without investing capital resources to stay current in semiconductor process technology. Thus fabless companies have an economic advantage because they reduce costs by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry which may have several fabrication facilities or fabs. Due to strict environmental regulations the fabs are not as such found in the developed world and are present mainly in China, Singapore, and Taiwan [7]. Thus, Qualcomm focuses on R&D and IPR and provides the design and hardware required to go over the semiconductor chips to the foundries. Foundries in return develop the ASICs (application-specific integrated circuit) and return those to Qualcomm. Foundries can also sell the ASICs to infrastructure, test tool and device manufacturers. For instance, Qualcomm's mobile device chipset QSD8650 supports CDMA2000 1X, 1xEV-DO Rel 0/A/B, GSM, GPRS, EDGE, and HSPA systems and thus gets sold to a number of device manufacturers and developers. Technology Development is normally a separate unit that performs both basic and applied research. The scientists working in these units are free to utilize their creativity in selecting research topics, but funding for their projects eventually depends on the possible future commercial applications. Research on technology evaluation and selection methods includes testing, quantitative and qualitative modeling. Technology selection is a core technology management process which leads to making a choice among distinct alternatives