CARS, PHONES:Qualcomm Technologies executive Raj Talluri said mobile phones would continue to be its biggest business, while it has plans for ‘smart’ automobiles

Taipei Times
Date: Dec 08, 2016
By: Lisa Wang / Staff reporter

Qualcomm Inc, the world’s biggest handset chip designer, yesterday said it is not considering licensing patents linked to the Internet of Things (IoT) at the moment — as it does in the mobile phone area — given the greater diversity of IoT applications.

Patent licensing has been a major source of profit for the San Diego, California-based chipmaker, with the business accounting for more than two-thirds of its net profit for the last fiscal year, it said.

The licensing business focuses on the mobile phone area, given that the IoT market is fragmentary, the firm said.

“IoT is not just one topic. There are many different areas in IoT. For example: drones, robots, VR [virtual reality] headsets, automobiles,” Raj Talluri, senior vice president of Qualcomm Technologies Inc’s IoT division, told a media briefing in Taipei.    [FULL  STORY]