Qualcomm

In mid-1985, Qualcomm was hired by Hughes Aircraft to provide research and testing for a satellite network proposal to the FCC.

Qualcomm was established in July of 1985.

In September 1987, Qualcomm completed its first chip design, the Q1401, which was a significant milestone in the development of telecommunications technology.

In 1988, Qualcomm's project with the FCC for CDMA was scrapped when the FCC proposed a joint venture with all vendors.

In 1989, Qualcomm submitted CDMA techniques to CTIA as an alternative to the TDMA standard for cell-phone networks.

On July 31, 1990, Qualcomm published the first version of the CDMA specifications, known as the Common Air Interface, which played a crucial role in shaping the cellular industry.

In August 1991, NYNEX announced a significant investment of $100 million in building a CDMA network, with $3 million allocated to Qualcomm for producing CDMA phones.

In April 1992, Nokia became the fifth licensee of Qualcomm, marking a pivotal moment in the company's expansion and influence in the telecommunications market.

A CDMA standard was adopted as the national wireless standard in Korea in May 1993 with commercial CDMA networks being launched in 1996.

In July 1993, Qualcomm raised $151 million through a stock offering, selling 92.8 million shares at $1.72 per share.

On February 16, 1994, Qualcomm had its first stock split with a ratio of 2 for 1 at $86 per share.

On February 1, 1995, Qualcomm announced the Q5257 MSM2 and the Q5312 integrated Analog Baseband Processor, key components of CDMA phones, showcasing the company's technological advancements.

On July 21, 1995, Primeco announced it was going to implement CDMA-based services on networks in 15 states.

In September 1998, Qualcomm initiated the development of its 3G products by partnering with Microsoft to establish Wireless Knowledge, a venture focused on integrating data transfer capabilities with mobile communications.

On May 10, 1999, Qualcomm had its second stock split with a ratio of 2 for 1 at $212 per share.

On December 30, 1999, Qualcomm had its third stock split with a ratio of 4 for 1 at $647 per share.

Qualcomm entered the Chinese market through a partnership with China Unicom in 2000, which launched the first CDMA-based network in China in 2003.

In 2001, Qualcomm introduced Brew, a smartphone app development service that gained popularity with carriers like KTFreeTel and Verizon.

On August 13, 2004, Qualcomm had its fourth stock split with a ratio of 2 for 1 at $69.17 per share.

On July 1, 2005, Irwin Jacobs, one of Qualcomm's founders, transitioned from the role of CEO to Chairman, marking a leadership change within the company.

In June 2011, Qualcomm introduced AllJoyn, a wireless standard for device communication, later donated to the Linux Foundation in 2013.

Qualcomm acquired wireless electric car charging company HaloIPT in November 2011, eventually selling it to WiTricity in 2019.

In December 2011, Qualcomm established Qualcomm Life, a healthcare subsidiary focusing on wireless healthcare technology and data management.

By 2012, Qualcomm held 81 seminal patents used in 4G LTE standards, accounting for 12.46 percent.

In January 2013, Qualcomm voluntarily adopted a policy of disclosing its political contributions following a lawsuit.

In December 2013, Steven Mollenkopf succeeded Paul Jacobs as the CEO of Qualcomm, signifying a new era of leadership for the company.

In October 2016, Qualcomm announced its plan to acquire NXP Semiconductors for $47 billion.

Broadcom made a $103 billion offer to acquire Qualcomm, which was rejected by Qualcomm.

In January 2018, the European Competition Commission fined Qualcomm $1.2 billion for an exclusive arrangement with Apple. Qualcomm later won the appeal in June 2022.

In July 2018, Qualcomm announced its first 5G antennas for future 5G technology.

In December 2018, Chinese and German courts ruled that Apple infringed on Qualcomm patents, leading to the ban of sales of certain iPhones.

In April 2019, Apple and Qualcomm reached a settlement to end all litigation and signed a six-year licensing agreement, with Apple paying about $4.5 to 4.7 billion to Qualcomm.

In May 2019, Judge Lucy Koh ruled against Qualcomm in the FTC trial, stating that Qualcomm's practices violated antitrust laws.

In August 2020, the Ninth Circuit reversed Judge Koh's decision, stating that Qualcomm's practices were hypercompetitive rather than anticompetitive.

On January 6, 2021, Qualcomm appointed Cristiano Amon as its new chief executive.

On January 13, 2021, Qualcomm announced an agreement to acquire NUVIA for approximately $1.4 billion, expanding its technological capabilities in the semiconductor sector.

Qualcomm Incorporated stock price on March 27, 2023, closed at $169.13 after reaching a high of $169.48 during the day.

On March 28, 2023, Qualcomm Incorporated stock price decreased by 0.15% to $169.05 in after-hours trading.

The closing price of Qualcomm Incorporated stock on March 30, 2023 was $169.30, with a slight increase of 0.10% from the previous day.

The closing price, open, high, low, volume, and percentage change of Qualcomm Incorporated Stock on March 28, 2024.