Qualcomm Announces New $5.0 Billion Stock Repurchase Program
Qualcomm announced a new $5.0 billion stock repurchase program, replacing a similar $5.0 billion repurchase program launched in July underwhich the company has already repurchased approximately 40.1 million shares of common stock for approximately $2.7 billion.
“In recognition of our strong financial position and business model, we are pleased to have recently completed significant stock repurchases and to introduce a new $5.0 billion stock repurchase program,” said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm.
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You just read about Qualcomm. One of the companies whose work it now carries:
Atheros Communications built Wi-Fi, Ethernet and connectivity semiconductors. What became of it?
Atheros Communications brought Wi-Fi, Ethernet and connectivity semiconductors to Semiconductor. That work was distinctive enough to lead to its acquisition by Qualcomm for US$3.1B. The standalone name now passes into the archive — but the team and technology continue inside Qualcomm today. One of 430 names here whose work outlived the company.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
