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Technology Stocks : Game Changers and Market Movers

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From: Paul H. Christiansen11/21/2014 3:28:14 PM
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Qualcomm wants to move out of your pocket into your car, house and wearable

Qualcomm, the world's biggest maker of chips for mobile devices, wants to stretch out beyond your pocket and work its way into your car, your home, the wearable gadgets you're expected to don in coming years and even into your city.

"The car today is really an amazing platform [in which] to put smartphone technology," Steve Mollenkopf, Qualcomm's CEO, told analysts at a company investor-relations meeting here Wednesday.

Qualcomm is working on technology to make cars "see" and let them "talk" to each other. It's also driving the development of the Internet of Things, the concept of connecting all kinds of objects -- from lights to clothing to thermostats to stoves -- to the Internet. The company is also expanding into more tablet computers.

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Qualcomm wants to move out of your pocket into your car, house and wearable
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