Qualcomm, Inc. is a prominent player in the tech sector, with UBS maintaining a neutral rating on the company.

The company specializes in CDMA systems and software, which use a wide spectrum to transmit codes across different cellular frequencies. Communication systems account for the majority of Qualcomm's net sales, contributing 83.8% of total revenue. This includes integrated circuits, software, and systems for wireless voice and data transmission, as well as multimedia functions.

In addition, Qualcomm earns 16.2% of its revenue from licensing agreements with manufacturers who use its CDMA technologies. Geographically, Qualcomm's sales are heavily concentrated in Asia, particularly in China and Hong Kong, which make up 63.6% of net sales. Other significant markets include Vietnam at 13.7%, South Korea at 7.2%, and the United States at 3.3%. The remaining 12.2% of sales come from various other regions, highlighting Qualcomm's strong international presence in the telecommunications industry.