QUALCOMM, well known for its communications technologies, has ascended to the ranks of the top 10 in global semiconductor producers according to a report from iSuppli Corp. This marks the first time that a company without its own foundry has achieved this landmark. QUALCOMM rose to ninth place among global semiconductor suppliers in the second quarter of 2007, up from 13th place in the previous quarter. The firm achieved revenue of $1.4 billion in the second quarter, up 8.6 percent from the $1.3 billion reported in the first quarter. This milestone has QUALCOMM passing several well-respected suppliers, including Freescale Semiconductor, NEC Electronics, and Infineon Technologies AG.
iSuppli Corp. (www.isuppli.com) QUALCOMM (www.qualcomm.com)