Qualcomm Increases Investment in Asia and Africa Through M&A Expansion

The rapid development of mobile devices such as tablet PCs and smart phones has made Qualcomm one of the biggest beneficiaries. Qualcomm’s first-quarter results released as of December 25 this year reported a net profit of US$1.4 billion, compared to 11.7 percent for the same period last year. Billion-dollar US dollar growth, Qualcomm also raised its full-year profit forecast, because optimistic about the Apple iPhone and other smart device sales, it is expected that the company will continue to benefit from it.

Future mergers and acquisitions expand business Qualcomm is listed on the New York Stock Exchange, has operating agencies in 75 countries, and employs more than 20,000 people worldwide.
Qualcomm said that in the future it will continue to expand its business scope and promote growth through mergers and acquisitions, but did not disclose specific acquisition targets.
Qualcomm president Steve Mollenkopf said: “We are very pleased to see the emergence of multiple market opportunities. We are very experienced in seizing opportunities through mergers and acquisitions.”
Qualcomm has completed the merger process of Atheros, a supplier of WiFi chips with a $3.1 billion acquisition. The merged entity will focus on the development of the "Interconnected Home" series of products such as mobile phones, HDTVs and other large screens via wireless transmission technology. Send text, videos, pictures and other information.

Claiming that Windows 8 Brings More Opportunities Qualcomm is one of the biggest beneficiaries of mobile devices such as smartphones. In addition to selling related equipment, Qualcomm also charges a number of communications technology companies for patent licensing fees.
Recently, Microsoft is pushing a new PC operating system, Windows 8, which can also run on mobile phone chips, cross-platform support for PCs, tablets, smart phones, televisions, and X86 and ARM architecture. Microsoft hopes to cooperate with ARM chip makers such as Qualcomm, Nvidia, and TI to help them quickly increase their share of the mobile market.
Molenkopf said that Windows 8 is a good opportunity for companies to bring chip vendors into a wider market for computing devices.
Molenkopf said: "We are now working with a number of multinational PC manufacturers, the development of tablet computers, folding devices and other types of equipment." However, he declined to disclose which specific manufacturers, including the release of new equipment.

In order to diversify its sources of income, Qualcomm also invested US$1 billion to build a low-rate mirasol display factory in Hsinchu, Taiwan, to meet the increasing demand of mobile device manufacturers for displays.
Qualcomm's Mirasol display has been adopted by several e-reader manufacturers, including Kyobo Book Centre, Korea's largest bookstore, and Hanwang Technology, a Shenzhen-based company.

Optimistic about the development of mobile communication in Asia and Africa Qualcomm plans to set up a regional center in sub-Saharan Africa in Nairobi, Kenya. Billy Owino, Director of Business Development at Qualcomm East Africa, said: “The new Qualcomm office in Nairobi will bring us closer to people and the government and important industry activities will promote the development of the regional telecom industry.”
The regional center of Nairobi of Qualcomm first served the regions of Kenya, Uganda, Ethiopia, Tanzania, Rwanda and Burundi, and thereafter expanded its operations to Central Africa as a whole.
Mobile data traffic in Africa is expected to increase exponentially. By 2015, mobile online users are expected to reach 138 million.
Molenkopf also said that Qualcomm has also seen the growth momentum of the Asian region and is increasing its human resources.