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.
Qualcomm, or “Quality Communications” — despite being one of the largest technology companies in the world, few people know the absolutely amazing technological and business history behind it. Seriously, this story is on par with Nvidia, TSMC and all the great semiconductor giants. Without this single fabless company based in San Diego, there’s almost no chance you’d be consuming this episode on whatever device you’re currently listening on — a fact that enables them to earn an incredible estimated $20 for every new phone sold in the world. We dive into this story live at the perfect venue: our first-ever European live show at Solana’s Breakpoint conference in beautiful Lisbon, Portugal!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.