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 Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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To: badger3 who wrote (100754)3/21/2011 8:28:16 PM
From: JGorenRead Replies (1) of 117499
 
I am going to take a stab at it. Qcom designs chips and does most of the R&D for patents in SD. Probably almost all of the domestic revenue is the royalties on the patent portfolio. The chips are fabricated under contract with a Qcom sub and sold abroad to a manufacturer (e.g., S. Korean handset maker), the income received by the Qcom sub is wholly foreign. That's why there's so much unpatriated income.
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