Qualcomm is a publicly traded company, meaning it is owned by its shareholders. As of 2023, Qualcomm’s largest shareholders are institutional investors such as The Vanguard Group, BlackRock, and State Street Corporation. These investors own large portions of the company’s outstanding shares and have significant influence over the company’s decisions.
However, Qualcomm's co-founders, Irwin M. Jacobs and Andrew Viterbi, still own a small percentage of the company's stock and remain involved in the company's operations. In addition, Qualcomm's board of directors is responsible for overseeing the company's management and making strategic decisions on behalf of shareholders.
It’s worth noting that Qualcomm’s ownership structure has been the subject of some controversy in physician data recent years. In 2018, Broadcom attempted to acquire Qualcomm through a hostile takeover bid, but the U.S. government ultimately blocked the proposed deal due to national security concerns.
Despite this setback, Qualcomm remains a major player in the semiconductor industry, continuing to innovate in areas such as 5G technology, artificial intelligence, and the Internet of Things. With a wide range of products and services, Qualcomm’s business model is based on licensing its technology and selling semiconductors to a wide range of customers, from smartphone makers to automotive companies.
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