Qualcomm

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Headquarters: 5775 Morehouse Drive San Diego, CA 92121 Employees: 12,800 CEO: Dr. Paul Jacobs Stock Symbol: QCOM Website: http://www.qualcomm.com Career Site Qualcomm Incorporated is a pioneer of CDMA (code division multiple access) digital wireless technology and one of the leading enablers of 3G wireless products and services. CDMA technology is used by top cell phone providers including Verizon Wireless and Sprint. Qualcomm receives a royalty for every phone with CDMA installed and also develops chips for phones. Qualcomm leads the world in the development of CDMA2000 1X, 1xEV-DO and WCDMA (UMTS) chipsets and solutions, and has licensed its essential CDMA patent portfolio to more than 125 telecommunications equipment manufacturers worldwide. Qualcomm technology helps enterprise, network operators and manufacturers, developers and wireless end-users by providing technology innovation and leadership in the telecommunications industry worldwide. The company also develops BREW, Binary Runtime Environment for Wireless, which lets companies offer e-mail, games, instant messaging, photo sharing and more on wireless devices. The company has approximately 6,100 U.S. patents and patent applications of CDMA and related technologies including WCDMA. Qualcomm was named one of the Best Companies to Work For by Fortune magazine for 10 years in a row. In fiscal 20057, the company had record revenues of $8.8 billion and net income of $3.3 billion. History Established in 1985 in San Diego, CA, Qualcomm began as a six-person communications technology company co-founded by Dr. Irwin Mark Jacobs. The company drew the attention of the communications industry when it demonstrated the effectiveness of a digital wireless technology called Code Division Multiple Access (CDMA) and proposed that it be commercially deployed. The company draws its name from "QUALity COMMunications." Qualcomm started out providing contract research and development services, with limited product manufacturing, for the wireless telecommunications market. One of the team's first goals was to develop a commercial product. This effort resulted in OmniTRACS . Introduced in 1988, OmniTRACS is today the largest satellite-based commercial mobile system for the transportation industry. That early success led the innovative company to take a daring departure from conventional wireless wisdom. In 1989, the Telecommunications Industry Association (TIA) endorsed a digital technology called Time Division Multiple Access (TDMA). Just three months later, as the industry looked on in disbelief, Qualcomm introduced Code Division Multiple Access (CDMA) technology for wireless and data products - changing the global face of wireless communications forever. Benefits - Medical and Dental Plan - Vision Plan - Employees' Stock Purchase Plan - 15% discount - 401(k) plan - Company match 100% on first $1,500, 50% on next $1,500, 33% on next $7,500, and 10% thereafter. Immediate eligibility upon hiring, 50% vesting after one year, 100% vesting after two years - Paid Holidays - 10 company holidays plus one personal holiday per year - Vacation - Exempt/Overtime Eligible Professional: 3 weeks accrual per year; After 5 years of employment: 4 weeks accrual per year; After 10 years of employment: 5 weeks accrual per year Non-Exempt: 2 weeks accrual per year; After 5 years of employment: 3 weeks accrual per year; After 10 years of employment: 4 weeks accrual per year; Maximum accrual of 2 times employee's annual accrual rate - Sick days: 10 days per year for non-exempt employees; as needed for exempt employees - Short- and Long-Term Disability Insurance - Tuition Reimbursement - Home Computer Purchase Subsidy - Scholarship Program - Matching Grant Program Updated February 29, 2008