3min chapter

Acquired cover image

Qualcomm

Acquired

CHAPTER

Kwokom - What's the Business Model?

December of 1999, Kyocera buys Kwokom's mobile phone business. They now officially just sell chips that they call QTC, the Kwokom CDMA Technologies Group. And then they've got a second group, QTL, which is Kwokom Technology Licensing. The single best performing stock for the entire year 2000 is Qualcomm. It appreciates 2,621% to the 366 days of the year 2000.

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