Qualcomm 2006 Annual Report Download - page 15

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focus and dedication
Fiscal 2006 was the rst full year following the transition to our new management team. It was
a year in which a small number of competitors sought to challenge us, not in the marketplace, but
in courts and regulatory arenas. We will meet these challenges with the highest level of energy
and integrity while remaining dedicated to the execution of our business model. Our employees
developed new technologies and dened new business models that generated new opportunities
for a wider range of partners across multiple industries. Consumers adopted our third-generation
(3G) technologies at an accelerating pace both in mature and developing markets. And it was a year
in which we returned the strongest nancial performance in our history.
enabling progress and growth
Our business model stimulates a healthy and competitive worldwide wireless marketplace. Our
inventions enable new revenue streams for us and for our partners—manufacturers, operators,
content providers and developers—enabling continuing investments throughout the wireless value
chain. Our focus on effective execution and rewarding partnerships has positioned us for continued
growth and leadership in the rapidly advancing global wireless industry.
Looking ahead, we believe that, increasingly, the evolution in wireless will be less about competing
technologies and more about complementary technologies—working together to provide manufac-
turers and operators the richest set of choices on which to protably build their businesses, and
providing users with ever more compelling wireless applications and services. Our strategy is to
continue supporting a broad range of technology and software platforms. To that end, our solutions
and intellectual property portfolio now integrate multiple radio technologies, support for multiple
spectrum bands and an extensive array of data and multimedia capabilities—all designed to speed
the introduction by our partners of compelling new services and groundbreaking wireless devices.
Among the trends we are seeing in the wireless industry are ubiquitous and inexpensive mobile
voice, even higher data speeds and an increasingly extensive set of data services—all seamlessly
To Our Stockholders:
The technology we are enabling continues to have a growing and positive
impact on people’s lives around the world.
Making a difference
in everyday life.
qualcomm 2006 01