In July 2000, the Federal Trade Commission filed a complaint against Qualcomm over anti-competitive tactics relating to the semiconductor device used in cell phones and other products. Broadcom had also been aggressively pursuing Qualcomm, but the company now plans to acquire NXP Semiconductors, a company based in the Netherlands that specializes in sensors and processors for advanced driver assistance systems, keyless entry systems, and infotainment systems.
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Since then, the company’s name has changed a couple of times. While the original name was Qualcomm, the company changed its name to Qualcomm in 2005. In 2007, it published its first annual report. The company’s stock has climbed to more than $4 billion. The lawsuits against Qualcomm stem from its role in regulating the mobile phone industry. According to the New York Times, the company’s revenues have been growing steadily, and the stock price continues to climb.
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In 2011, the company co-founded the firm with Irwin M. Jacobs and Andrew Viterbi. The firm is headquartered in San Diego, California, but has offices in France, China, and Hong Kong. The company has also expanded into other regions such as Australia, Brazil, Germany, India, and the United Kingdom. There are more than 500 employees working for Qualcomm around the world. Its headquarters is in San Diego, California.
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