Qualcomm Incorporated (NASDAQ:QCOM) Bank of America 2021 Global Technology Conference June 9, 2021 12:00 PM ET Company Participants Cristiano Amon - President and CEO Elect Conference Call Participants Tal Liani - Bank of America Tal Liani Great. Thank you very much, everybody, for joining us again. I’m hosting my largest company and one of the most important companies in wireless, Qualcomm. I’m hosting Cristiano Amon, President and CEO Elect. For about 35 minutes of Q&A, I prepared the long list of questio ...

QUALCOMM Incorporated (NASDAQ:QCOM) JPMorgan 49th Annual Global Technology, Media and Communications Conference May 26, 2021 1:25 PM ET Company Participants Cristiano Amon - President & Chief Executive Officer-Elect Conference Call Participants Samik Chatterjee - JPMorgan Samik Chatterjee Hi. Good afternoon. I'm Samik Chatterjee, Networking and Hardware Analyst at JPMorgan. Starting off my post-lunch sessions, it's a pleasure to host Qualcomm. And as you can see out of your new screen Cristiano Amon, who's ...

Qualcomm Incorporated (NASDAQ:QCOM) Q2 2021 Earnings Conference Call April 28, 2021 4:45 PM ET Company Participants Mauricio Lopez-Hodoyan – Vice-President-Investor Relations Steve Mollenkopf – Chief Executive Officer Cristiano Amon – President and Chief Executive Officer-Elect Akash Palkhiwala – Chief Financial Officer Alex Rogers – Executive Vice President and President-Qualcomm Technology Licensing Conference Call Participants Mike Walkley – Canaccord Genuity Chris Caso – Raymond James Joe Moore – Morgan ...

Summary of QUALCOMM Incorporated 2021 Annual Shareholders Meeting Company Overview - **Company**: QUALCOMM Incorporated (NASDAQ: QCOM) - **Date of Meeting**: March 10, 2021 - **Participants**: Mark McLaughlin (Chairman), Steve Mollenkopf (CEO), Cristiano Amon (President), Akash Palkhiwala (EVP & CFO) [1][3][4] Core Industry Insights - **5G Technology**: - 5G commercialization is strong, with over 140 operators launching services in approximately 60 countries [21][27] - Expected 1 billion 5G connections by 2023, two years faster than 4G [21] - 225 million 5G smartphones sold in 2020, projected to grow to 500 million in 2021 [21] - Qualcomm signed over 120 5G agreements, indicating robust growth in the licensing business [16] - **Financial Performance**: - Record non-GAAP revenues and EPS in fiscal year 2020, with EPS more than doubling year-over-year [15][16] - Handset revenues increased by almost 80% year-over-year [16] - Automotive segment grew by 40% year-over-year, with a design win pipeline expanding to $8.3 billion [16] - **Dividend and Share Buyback**: - Dividend increased to $0.68 per share, a 5% annual increase [20] - Completed $30 billion in share buybacks, retiring nearly 25% of shares at an average price of $64.50 [20] Key Strategic Initiatives - **Innovation and R&D**: - Patent filings increased by 50% year-over-year, with significant growth in 5G-related patents [18] - Continued investment in 6G research, with expectations for higher frequencies and advanced network capabilities [37] - **ESG Progress**: - Reduced emissions by 14% from baseline and increased diversity within the company [23][24] - Set new goals for 2025, including engaging 1.5 million students in STEM initiatives [24] Potential Risks and Challenges - **Supply Chain Issues**: - Industry-wide semiconductor shortage impacting supply, but Qualcomm is confident in meeting demand by the end of 2021 [34][45] - Transitioning to a work-from-home model during COVID-19 while maintaining operational effectiveness [17][18] - **Market Dynamics**: - The shift in market dynamics due to Huawei's situation presents both challenges and opportunities for Qualcomm [45] Leadership Transition - **CEO Transition**: - Steve Mollenkopf announced his retirement as CEO, with Cristiano Amon appointed as the new CEO [11][12] - Amon has a strong track record and is expected to continue driving innovation and growth [12] Conclusion - Qualcomm is well-positioned for future growth, particularly in the 5G and automotive sectors, with a strong focus on innovation, shareholder returns, and social responsibility initiatives [25][23]