Qualcomm CEO Steve Mollenkopf on his decision to retire
Qualcomm CEO Steve Mollenkopf and president and incoming CEO Cristiano Amon join 'Squawk on the Street' to discuss the ...
Former Chief Executive Officer, Qualcomm
Search every verified Steven Mollenkopf interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In 2018, Mollenkopf expressed disappointment over the termination of Qualcomm's deal to acquire NXP Semiconductors, but noted that the company had grown its non-mobile revenue to $5 billion, a 70% increase since the deal was signed. He stated that Qualcomm did not see a change in China's posture toward the company despite the deal's failure, and described the business environment there as "very friendly" and "very constructive." Throughout 2019 and 2020, Mollenkopf described 5G as a fundamental technology change comparable to electricity or water, and cited an IHS study estimating it would generate $13.2 trillion in economic value by 2035. He said that 5G would disrupt industries including healthcare, energy, retail, and manufacturing. Mollenkopf also stated that he did not expect a separation of international 5G standards, saying it was not in the interest of companies like Qualcomm and Huawei to create such a divide. He characterized Qualcomm as the world's leading wireless technology innovator, citing $61 billion in R&D investment over 35 years.
“5g networks are spreading quite quickly globally. We have today over 85 commercial networks in 40 countries. The intensity of deployment has actually accelerated post the COVID-19 situation. Europe is actually doing quite well with 5g. It has 35 networks operating in 15 European countries.”
“The 5G action plan that the EU put together and the EU and the European Commission's decision to harmonize low and mid-band spectrum is very, very important. I think extending that to millimeter wave is extremely important. These are the kind of fundamental policy decisions that allow technology to grow.”
“I don't think any region gets the importance of standardized technology like Europe does. Our industry is built upon really the fundamental technology sharing processes that underlie 3G and 4G and really the standardization bodies that are around it. It is the fundamental place where companies like us which invent tech...”
“We recently signed a new long-term global patent license agreement with Huawei, including a cross license granting back rights to certain of Huawei's patents. We also entered in an agreement settling amounts due under the prior license agreement. We are pleased to have successfully reached resolution with Huawei.”
“Our fiscal third quarter non-GAAP earnings of 86 cents per share was above the high end of guidance driven by strong licensing revenue and solid performance in our chipset division.”
“We expect to record approximately 1.8 billion dollars of revenue in our fourth fiscal quarter for amounts due under the settlement agreement relating to the prior license period and the new license agreement for the first half of calendar 2020.”
“We are anticipating the next inflection point in our 5G ramp to start in fiscal Q4 with strong year-over-year growth in revenue and earnings per share, leaving us well positioned for continued growth in fiscal year 21.”
“As a consequence of our RF front-end strategy, we expect to emerge in fiscal 21 as one of the largest global RF front-end vendors by revenue.”
“We're definitely more toward the category of being hit less compared to others. I would say our operations, the way in which we've been able to do things, we've been able to maintain our end markets are still sensitive to people being out and being able to go to stores and buy phones, with one exception which is a lot...”
“Essentially what's happened is although there's a lot of rhetoric and you know political rhetoric, on the ground you see a lot of cooperation at the kind of technology ecosystem that we play in. So essentially Chinese partners, a lot of big Chinese partners for us that are handset vendors, they have international busin...”
“The financial crisis did not prove to the world that the technologies that we're working on are going to be very meaningful, whereas this crisis, although terrible for the health of the planet, really everyone is now over the last eight weeks received you know they've all said okay I'll tell you what I do believe I do...”
“I think for us we're really on the front end of the 5G opportunity and one of the things that we we saw right before the the COVID situation was some validation in the long term model for the company. So if you looked at the type of devices that we're able to sell in there which really have shown up in terms of the pri...”
“We're definitely more toward the category of being hit less compared to others. I would say our operations, the way in which we've been able to do things, we've been able to maintain our end markets are still sensitive to people being out and being able to go to stores and buy phones with one exception, which is a lot...”
“In the first quarter, for the March quarter, we saw a pretty substantial drop in the China market. It dropped, you know, in the month of February, it really dropped pretty significantly, but what was surprising, and I think a lot of people when I tell them about it, they forget this, it actually rebounded pretty quickl...”
“The financial crisis did not prove to the world that the technologies that we're working on are going to be very meaningful, whereas this crisis, although terrible for the health of the planet, really everyone is now over the last eight weeks received, you know, they've all said, okay, I do believe I'm gonna be on vide...”
Qualcomm CEO Steve Mollenkopf and president and incoming CEO Cristiano Amon join 'Squawk on the Street' to discuss the ...
Qualcomm soars on fourth-quarter results as 5G smartphone outlook fuels stock gains. Qualcomm CEO Steve Mollenkopf joins CNBC's "Squawk on the Street" team to discuss its earnings and its outlook. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in…
On 9 September, as part of EIF's ‘Meet the CEO’ series, Members of the European Parliament, EIF Members and guests had the opportunity to virtually meet and exchange views with Steve Mollenkopf, Chief Executive Officer of Qualcomm Incorporated. The discussion, moderated by Maria Rosa Gibellini, Director General, European Internet Forum, was chaired by Pilar del Castillo MEP and EIF Chair. More information can be found at www.internetforum.eu
May.07 -- Qualcomm Inc. Chief Executive Officer Steve Mollenkopf talks about how the company will prepare to bring workers back into offices and what the offices will look like after the coronavirus pandemic. He appears on "Leadership Live With David Rubenstein."
May.07 -- David Rubenstein will take viewers into the home offices of executives to find out what’s top of mind as they navigate the pandemic and how they are mitigating the unprecedented challenges of COVID-19 to keep their companies moving forward. Guest Today: Qualcomm CEO Steven Mollenkopf
David Rubenstein will take viewers into the home offices of executives to find out what’s top of mind as they navigate the pandemic and how they are mitigating the unprecedented challenges of COVID-19 to keep their companies moving forward. Today's guest is Qualcomm CEO Steve Mollenkopf.
Steve Mollenkopf, CEO of Qualcomm, joins "Squawk Alley" to discuss the company's earnings and demand for semiconductors. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest…
Apr.01 -- Steve Mollenkopf, Qualcomm chief executive officer, discusses the company's performance during the COVID-19 crisis. He speaks to Emily Chang on Bloomberg Technology.
Steve Mollenkopf, CEO of Qualcomm, joins "Squawk on the Street" to discuss how coronavirus is affecting his business, the future of 5G and more. Shares of Qualcomm jumped 8.6% on Tuesday after being initiated with a buy rating at Nomura Instinet. The firm called the semiconductor company a “world leader” in “cellular communications technology. For more coronavirus live updates: https://www.cnbc.com/2020/03/17/coron... For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=yo... » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevi…
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