Qualcomm is a major player which designs chips for semiconductors, and has had longstanding partnerships with large foundries such as TSMC and Samsung. In 2021, Intel announced the intention to build Qualcomm chips in full production by 2025.

Operating in the creation of semiconductors, wireless technology and software, the company earned over $33 billion in revenue in fiscal year 2021. The company primarily acts as a fabless provider of semiconductor products for wireless communications. Qualcomm serves applications such as 5G, communications, automotive, Industrial Internet of Things (IIOT), and more.