Reference no: EM133283324

Case: Qualcomm is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards.

Qualcomm was established in 1985 by Irwin M. Jacobs and six other co-founders. Its early CDMA wireless cell phone technology research was funded by selling a two-way mobile digital satellite communications system known as Omnitracs. After a heated debate in the wireless industry, the 2G standard was adopted with Qualcomm's CDMA patents incorporated. Afterwards, there were legal disputes about pricing for licensing patents required by the standard.

Over the years, Qualcomm has expanded into selling semiconductor products in a predominantly fabless manufacturing model. It also developed semiconductor components or software for vehicles, watches, laptops, wi-fi, smartphones, and other devices.

Given that this will be a growth sector for Qualcomm in the future, the business ought to concentrate on growing its 5G technologies. In addition, Qualcomm should primarily emphasise broadening its server sector footprint because this presents an opportunity for expansion.
Qualcomm is currently the most prominent supplier of 5G technology and maintains a dominant position in the 5G market. The expansion of the company's 5G technology is the primary focus of the company's efforts, and it is also trying to develop new products and services that will allow it to capitalize on the 5G market. In addition, Qualcomm is concentrating its efforts on increasing its footprint in the server sector because this presents an opportunity for expansion.
Qualcomm's primary focus is on extending the capabilities of its 5G technology, and the company is actively creating new products and services that will enable it to participate profitably in the 5G market. In addition, Qualcomm is concentrating its efforts on increasing its footprint in the server sector because this presents an opportunity for expansion.

For competitor factors, The main competitors of Qualcomm are Broadcom, MediaTek, and Intel.

Broadcom, MediaTek, and Intel are Qualcomm's primary rivals in the semiconductor industry. Broadcom is a leading semiconductor device supplier that provides a diverse array of products, including enterprise storage, wireless and broadband communications, and industrial and other goods. The chips manufactured by the firm can be found in a wide range of electronic products, such as laptops, tablets, and smartphones, giving the company a solid foothold in the market for wireless communications.
MediaTek is a semiconductor business based in Taiwan that provides a variety of products to its customers. These products include digital televisions, mobile phones, tablets, and other consumer electronics. The chips manufactured by the company can be found in a wide range of electronic products, such as laptops, tablets, and smartphones, giving the company a solid foothold in the mobile phone industry.
Intel is an industry-leading semiconductor business that provides a variety of goods, such as microprocessors, chipsets, motherboards, and other computer components, to consumers worldwide. The chips manufactured by the company are utilized in a wide variety of servers, including enterprise and cloud servers, giving the company a solid foothold in the market for servers.

Question: Diversification can help Qualcomm to compete better against its rivals. The company's main rivals, such as Intel and MediaTek, are diversified businesses operating in various markets. Can you give some suggestions for Qualcomm in detail through diversification for example, market expansion