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Company Directory - Qualcomm Incorporated

Company Details - Qualcomm Incorporated

Qualcomm Incorporated Logo

Qualcomm Incorporated

Website

San Diego, USA

NASDAQ: QCOM 

ISIN: US7475251036

Qualcomm Incorporated is a global leader in wireless technology and telecommunications equipment. The company designs, develops, and supplies integrated circuits, software, and services that power mobile devices and facilitate wireless communications around the world.

CCI Score

CCI Score: Qualcomm Incorporated

7.27

-0.01%

Latest Event

Qualcomm Executives Attend Beijing Outreach Meeting

Qualcomm representatives were among top executives who attended a high‐level meeting in Beijing with Chinese President Xi Jinping and other global business leaders. The meeting, aimed at fostering closer business ties with China amidst escalating U.S.-China trade tensions, is viewed as part of Beijing's broader strategy to secure multinational engagement, which raises concerns about legitimizing authoritarian practices.

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OBJECTOR

Qualcomm Incorporated is currently rated as an Objector.

0 to +9 CCI Score
These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

  • Qualcomm Executives Attend Beijing Outreach Meeting Logo
    MAR
    28
    2025

    Qualcomm representatives were among top executives who attended a high‐level meeting in Beijing with Chinese President Xi Jinping and other global business leaders. The meeting, aimed at fostering closer business ties with China amidst escalating U.S.-China trade tensions, is viewed as part of Beijing's broader strategy to secure multinational engagement, which raises concerns about legitimizing authoritarian practices.

  • Qualcomm Executive Engagement at China Roundtable Logo
    MAR
    28
    2025

    Qualcomm's executives participated in a high‐level roundtable in Beijing with Chinese President Xi Jinping, where Xi urged global business leaders to invest in China and help uphold global order amid rising U.S.-China trade tensions. This involvement signals a potential alignment with an authoritarian regime's agenda.

  • Qualcomm Mandates Full-Time Office Attendance Amid Rising Labor Concerns Logo
    FEB
    19
    2025

    In February 2025, Qualcomm announced a policy change requiring employees to work in the office five days a week with strict compliance measures, including potential termination for non-compliance. This move has raised serious concerns over worker rights and signals a shift towards authoritarian management practices.

  • -40

    Labor Relations and Human Rights Practices

    March 20

    Qualcomm’s abrupt shift from a flexible hybrid work model to a strict five-day in-office mandate—with termination warnings for non-compliance—reflects a disregard for employee well-being and labor rights. Such measures contribute to an authoritarian style of management that undermines worker autonomy, which is concerning from a human rights perspective.

    Qualcomm Ends Hybrid Work, Mandates 5-Day RTO

  • Qualcomm Inc Political Contributions and Revolving Door Profile Logo
    FEB
    06
    2025

    The OpenSecrets profile of Qualcomm Inc details its political contributions amounting to $1,786,416 and lobbying expenditures of $7,380,000 in the 2024 cycle. The data also highlights a significant revolving door, with 30 of 43 lobbyists in 2023 and 23 of 32 in 2024 having previously held government positions, indicating deep entanglements with political power and potential influence over policy.

  • -50

    Political Contributions and Lobbying Efforts

    April 1

    Qualcomm Inc's involvement in significant political contributions and a high level of lobbying spending raises concerns about its influence on public policy. The figures provided suggest the firm is using financial resources to shape political outcomes, which could undermine democratic accountability.

    Qualcomm Inc Profile: Summary • OpenSecrets

  • -60

    Executive Political Engagement

    April 1

    The data reveals a significant revolving door practice, with a large proportion of Qualcomm’s lobbyists being former government officials. This entrenched network can lead to undue influence over policy-making, thereby reinforcing systemic challenges to democratic accountability.

    Qualcomm Inc Profile: Summary • OpenSecrets

  • Qualcomm Inc PAC Contributions to Federal Candidates Logo
    FEB
    06
    2025

    Qualcomm Inc donated $149,500 to federal candidates during the 2023-2024 election cycle, as reported by OpenSecrets. This contribution highlights the company's active engagement in corporate political financing, a practice that raises concerns about the undue influence of corporate money in shaping public policy.

  • -40

    Political Contributions and Lobbying Efforts

    April 1

    The donation by Qualcomm Inc represents a significant political contribution that bolsters corporate influence in the political arena. While corporate political participation is common, such contributions can undermine democratic accountability by favoring corporate interests over the voices of marginalized communities. From an anti-fascist perspective, the use of corporate funds to sway federal political processes is concerning and merits a negative evaluation.

    Qualcomm Inc PAC Contributions to Federal Candidates • OpenSecrets

  • Qualcomm Discloses $180,000 in Q4 Lobbying Spend Logo
    DEC
    17
    2024

    Qualcomm disclosed $180,000 in lobbying expenditure in Q4 2024 aimed at influencing policies related to international trade, telecommunications, and the U.S. semiconductor industrial base priorities. This filing under the Lobbying Disclosure Act highlights ongoing corporate efforts to shape regulatory and political outcomes.

  • -40

    Political Contributions and Lobbying Efforts

    April 1

    The disclosed lobbying spending demonstrates Qualcomm’s active use of financial resources to influence political processes in favor of its corporate interests. Such activities contribute to increased corporate influence on public policy, undermining democratic accountability and potentially sidelining broader public and worker interests.

    Lobbying Update: QUALCOMM INCORPORATED just disclosed $180,000 of lobbying spending

  • Qualcomm Layoffs: Job Cuts and Worker Rights Concerns Logo
    SEP
    22
    2024

    Qualcomm's decision to cut over 1,250 jobs despite strong revenue raises serious questions about the company's commitment to ethical labor practices. The layoffs predominantly affect non-unionized employees in Canada, potentially undermining worker rights and proper severance compensation.

  • -60

    Labor Relations and Human Rights Practices

    March 20

    Qualcomm's restructuring and massive layoffs, cutting over 1,250 jobs, demonstrates a disregard for worker security and balanced labor relations. Despite strong revenue indicators, the company chose cost-cutting measures that negatively impact non-unionized workers, signaling a troubling approach to labor rights and ethical responsibility.

    Qualcomm Layoffs: Chipmaker cuts jobs despite strong revenue, targets Intel buy

  • Qualcomm Supply Chain Sustainability Initiative Logo
    MAY
    28
    2024

    Qualcomm's 2023 Corporate Responsibility Report outlines its supply chain management practices, including thorough supplier selection, regular RBA audits, and enforcement of its Supplier Code of Conduct to ensure ethical sourcing and human rights compliance.

  • +35

    Supply Chain Ethics

    April 1

    Qualcomm's report demonstrates a solid commitment to supply chain ethics by mandating regular audits (including RBA VAP audits and SAQs) and enforcing a Supplier Code of Conduct that emphasizes human rights, responsible sourcing, and environmental sustainability. Although non-compliance findings were identified, the implementation of corrective action plans and continuous monitoring represents a proactive effort to mitigate risks and support marginalized communities, aligning with progressive and anti-authoritarian objectives.

    Qualcomm's 2023 Corporate Responsibility Report: Supply

  • Qualcomm Releases 2023 Report on Sustainable Supply Chain Management Logo
    MAY
    28
    2024

    Qualcomm's 2023 Corporate Responsibility Report details a comprehensive approach to supply chain management, emphasizing due diligence, supplier audits, and adherence to the RBA Code of Conduct to ensure high standards in labor, human rights, environmental protection, and ethical sourcing.

  • +75

    Labor Relations and Human Rights Practices

    April 1

    The report underscores Qualcomm’s commitment to upholding strong labor relations and human rights across its supply chain by requiring suppliers to follow rigorous standards, including annual risk assessments through the SAQ and adherence to a Supplier Code of Conduct. This establishes a framework that protects workers and marginalized communities, aligning with anti-authoritarian and progressive business practices.

    Qualcomm's 2023 Corporate Responsibility Report: Supply Chain Management

  • +80

    Supply Chain Ethics

    April 1

    Qualcomm’s proactive supply chain management strategy—centered on comprehensive audits, supplier risk assessments, and enforcing strict ethical standards—is a strong example of responsible sourcing. This approach minimizes risks related to human rights violations and environmental harm, demonstrating a positive commitment to ethical business practices.

    Qualcomm's 2023 Corporate Responsibility Report: Supply Chain Management

  • Qualcomm Releases 2023 Corporate Responsibility Report Logo
    FEB
    26
    2024

    Qualcomm published its 2023 Corporate Responsibility Report on 02-26-2024, detailing a comprehensive ESG governance framework that includes strengthened Board oversight, the integration of DEI and human rights practices, and enhanced monitoring of supply chain sustainability.

  • +75

    Labor Relations and Human Rights Practices

    April 1

    The report emphasizes robust human rights and labor practices by instituting dedicated oversight through the HR and Compensation Committee, reinforcing DEI initiatives and safeguarding worker rights. Such measures contribute to ethical business practices and counter authoritarian tendencies by prioritizing fairness and inclusivity.

    Qualcomm’s 2023 Corporate Responsibility Report: Our Corporate Responsibility Governance

  • +70

    Supply Chain Ethics

    April 1

    Within the report, Qualcomm details enhanced monitoring of its supply chain, including measures to mitigate forced labor risks and promote sustainability. This ethical sourcing approach supports marginalized communities and acts as a defence against exploitation that could enable authoritarian practices.

    Qualcomm’s 2023 Corporate Responsibility Report: Our Corporate Responsibility Governance

  • Qualcomm's 2023 Lobbying Expenditure Logo
    DEC
    31
    2023

    According to OpenSecrets data, Qualcomm Inc spent $7,220,000 on lobbying activities in 2023. This expenditure is indicative of the company’s significant involvement in political lobbying, raising concerns about corporate influence on policy-making and democratic accountability.

  • -50

    Political Contributions and Lobbying Efforts

    April 1

    The fact that Qualcomm spent over $7 million on lobbying in 2023 suggests that it is actively investing in influencing public policy. From a left‑leaning anti‑fascist perspective, such corporate lobbying raises concerns over democratic fairness and potential marginalization of worker and community interests when corporate influence outweighs grassroots voices.

    Qualcomm Inc Lobbying Profile • OpenSecrets

  • Qualcomm Layoffs Amid Labor Union Strikes Logo
    DEC
    01
    2023

    Qualcomm announced plans to lay off more than 1,200 workers in California due to shrinking revenue, intensifying existing tensions with labor unions and raising concerns over fair labor practices.

  • -50

    Labor Relations and Human Rights Practices

    October 16

    The decision by Qualcomm to lay off over 1,200 workers in California, as reported amidst escalating labor union strikes, reflects a disregard for worker rights and labor relations. This move undermines job security and amplifies tensions between the company and its employees, thereby negatively impacting ethical business practices and contributing to broader societal instability.

    More Labor Union Strikes and Layoffs

  • Ensuring Human Rights in Supply Chain - Qualcomm Logo
    JUN
    06
    2023

    Qualcomm demonstrates a strong commitment to upholding human rights within its supply chain, implementing rigorous supplier assessments, training, and third-party audits, which significantly mitigates risks related to labor exploitation and human trafficking.

  • +85

    Labor Relations and Human Rights Practices

    March 20

    Qualcomm has integrated comprehensive human rights practices into its labor relations by mandating employee training, adhering to internationally recognized standards, and conducting independent assessments. Their proactive approach in ensuring safe and fair labor conditions demonstrates a high standard in labor relations and human rights practices.

    Ensuring Human Rights in our Supply Chain: Qualcomm

  • +80

    Supply Chain Ethics

    March 20

    Qualcomm actively enforces strict ethical standards throughout its supply chain by requiring suppliers to complete detailed assessments and audits. Their Supplier Code of Conduct and continuous monitoring help mitigate risks like forced labor and child labor, reflecting a robust commitment to supply chain ethics.

    Ensuring Human Rights in our Supply Chain: Qualcomm

  • Qualcomm Advances Supply Chain Human Rights Protections Logo
    JUN
    06
    2023

    The article highlights Qualcomm's robust commitment to human rights across its supply chain. The company enforces a comprehensive Supplier Code of Conduct, mandates human rights training for all employees, and performs regular independent third-party audits of its suppliers. These practices are guided by internationally recognized human rights frameworks and demonstrate proactive measures to mitigate risks such as forced labor, child labor, and other abuses within its value chain.

  • +80

    Supply Chain Ethics

    April 1

    Qualcomm’s detailed approach to ensuring ethical practices in its supply chain—including strict supplier assessments, regular audits, and comprehensive employee training—reflects a strong commitment to upholding human rights. This proactive stance helps reduce risks of human rights violations in its outsourced manufacturing processes, aligning with progressive, anti-authoritarian principles.

    Ensuring Human Rights in our Supply Chain: Qualcomm

  • Qualcomm's Commitment to Human Rights Logo
    JUN
    01
    2023

    Qualcomm released its 2022 Corporate Responsibility Report detailing robust policies to uphold human rights. The report outlines comprehensive employee training on the company's Code of Business Conduct, third‐party human rights impact assessments, and rigorous supplier oversight through the RBA to mitigate risks in the supply chain.

  • +80

    Labor Relations and Human Rights Practices

    April 1

    Qualcomm has demonstrated a strong commitment to protecting labor rights by instituting mandatory human rights training for employees and conducting regular, third-party human rights impact assessments. This proactive approach in safeguarding worker rights and promoting ethical practices supports marginalized communities and counters authoritarian labor exploitation.

    Qualcomm's Respect for Human Rights - Yahoo Finance

  • +70

    Supply Chain Ethics

    April 1

    In addition to its internal employee initiatives, Qualcomm stresses ethical supply chain management by engaging suppliers with regular risk assessments and onsite audits via the RBA. This effort helps address potential human rights abuses within its extended network, further reinforcing a commitment to corporate ethical responsibility.

    Qualcomm's Respect for Human Rights - Yahoo Finance

  • Qualcomm's Commitment to Human Rights and Ethical Supply Chain Practices Logo
    JUN
    01
    2023

    On June 1, 2023, Qualcomm detailed in its 2022 Corporate Responsibility Report its commitment to upholding internationally recognized human rights across its operations and supply chains, including mandatory employee training, third‐party human rights impact assessments, and robust supply chain audits through RBA standards.

  • +80

    Labor Relations and Human Rights Practices

    April 1

    Qualcomm demonstrates strong commitment to labor rights and human rights by instituting mandatory training, third-party human rights impact assessments, and a comprehensive Human Rights Working Group. This proactive measure supports worker safety and the protection of marginalized communities.

    Qualcomm's Respect for Human Rights

  • +70

    Supply Chain Ethics

    April 1

    The report highlights strict supply chain measures including annual assessments, supplier audits via the RBA SAQ, and engagement with suppliers to adhere to human rights standards, which showcases a commitment to ethical sourcing and preventing indirect human rights abuses.

    Qualcomm's Respect for Human Rights

  • Qualcomm Human Rights and Labor Practices Commitment Logo
    JAN
    01
    2023

    Qualcomm’s official human rights statement details its commitment to respecting labor rights, ensuring fair treatment and supporting unionization, as well as enforcing responsible supply chain practices for ethical sourcing of raw materials.

  • +85

    Labor Relations and Human Rights Practices

    March 20

    Qualcomm emphasizes respect for human rights in its operations and explicitly supports employee rights to associate, join labor unions, and bargain collectively. This commitment, as stated in their Human Rights page, reflects a positive stance toward labor relations and human rights practices. The company’s adherence to international guidelines and codes of conduct further bolsters its rating in this area.

    Human Rights | Qualcomm

  • +80

    Supply Chain Ethics

    March 20

    The company details its responsible sourcing efforts by enforcing a strict Supplier Code of Conduct and by working with suppliers to ensure adherence to ethical standards. Qualcomm’s commitment to responsible mining and sourcing of materials, especially from high-risk regions, indicates proactive measures in maintaining supply chain ethics.

    Human Rights | Qualcomm

  • Qualcomm PAC Funds in 2021-2022 Election Cycle Logo
    NOV
    08
    2022

    OpenSecrets data shows that Qualcomm Inc’s political action committee raised $253,329 during the 2021-2022 election cycle. The report provides transparency into corporate political financing without clear evidence of support for authoritarian or far‑right causes.

  • +0

    Political Contributions and Lobbying Efforts

    April 1

    The OpenSecrets report highlights the PAC’s fundraising of $253,329, a fact-based disclosure that does not indicate any direct support for authoritarian or far‑right political candidates. Given the absence of information linking these contributions to explicitly anti‑democratic or authoritarian agendas, the action is assessed as neutral.

    PAC Profile: Qualcomm Inc - OpenSecrets

  • Qualcomm Supply Chain Ethics and Human Rights Commitment Logo
    JAN
    01
    2020

    An analysis of Qualcomm's supply chain management practices, which highlight strong measures in ethical sourcing, supplier audits, and adherence to human rights standards, reflecting a positive stance against exploitative labor practices.

  • +85

    Labor Relations and Human Rights Practices

    October 5

    Qualcomm demonstrates a robust commitment to human rights practices by explicitly prohibiting child labor, human trafficking, and forced labor. Their requirement for suppliers to use ethical recruitment agencies and adherence to the Supplier Code of Conduct indicates an active stance on labor relations and human rights.

    Supply-Chain Management | Qualcomm

  • +90

    Supply Chain Ethics

    October 5

    The detailed supply chain management approach, including regular audits, adherence to ISO and RBA standards, and conflict mineral due diligence, reflects Qualcomm's proactive strategy in ensuring ethical sourcing and environmental sustainability.

    Supply-Chain Management | Qualcomm

  • Qualcomm Discloses Political Spending Following Shareholder Pressure Logo
    FEB
    28
    2013

    In February 2013, Qualcomm voluntarily disclosed its political spending data after intense pressure from a major shareholder and regulatory scrutiny. This move enhances transparency in political contributions and lobbying efforts, though it also underscores prior opacity in its political spending practices.

  • +30

    Political Contributions and Lobbying Efforts

    March 20

    Qualcomm's decision to reveal its political expenditure details following shareholder legal pressure is a positive step towards greater transparency in political contributions and lobbying activities. This increased openness can mitigate potential abuses of corporate power in the political arena, although the reactive nature of the disclosure suggests previous practices lacked sufficient transparency.

    Tech Giant Qualcomm Discloses Political Spending After Pressure from New York

  • Qualcomm settles suit over political spending Logo
    FEB
    22
    2013

    Qualcomm reached a settlement over a lawsuit regarding its disclosure of political spending. The settlement highlighted the company's extensive lobbying efforts, including nearly $4.7 million spent on influencing political processes, raising concerns from an anti-fascist perspective about corporate influence in politics.

  • -40

    Political Contributions and Lobbying Efforts

    March 20

    The article details Qualcomm's significant political spending, including almost $4.7 million in lobbying efforts. This level of expenditure suggests a strong influence on policy-making, which can undermine democratic accountability and contribute to authoritarian practices. Although the company improved transparency by settling the lawsuit and posting its contributions online, the underlying practice of using large sums to influence politics remains deeply concerning from an anti-fascist viewpoint.

    Qualcomm settles suit over political spending

Corporate Financials

Revenue
2023
$25.00B
Total Assets
2023
$70.00B
Operating Income
2023
$10.00B
Total Equity
2023
$28.00B

Employees: 51,000

Industries

334220
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
334413
Semiconductor and Related Device Manufacturing
334416
Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
517911
Wired Telecommunications Carriers
517919
All Other Telecommunications
334410
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing