QUALCOMM Incorporated

Qualcomm makes the processors and modems that power most Android smartphones, as well as chips for car systems and smart home devices [Qualcomm.com]. They also license their patents for 3G, 4G, and 5G wireless technology to other companies, which brings in steady royalty income [Qualcomm.com]. Additionally, they invest in early-stage tech companies through their venture arm [Qualcomm.com].

Qualcomm is a major American semiconductor company that designs chips for smartphones, cars, and other connected devices, and also earns significant revenue by licensing its wireless technology patents. The company is financially healthy with strong cash flow, but recently faced a downgrade from JPMorgan citing concerns about future growth.

Qualcomm is financially strong with healthy profit margins and solid cash generation.