Peter Clarke, EETimes
11/9/2012 11:15 AM EST
LONDON Qualcomm's standing as the leading supplier of application processors for mobile devices and the fact that it is fabless has boosted its market capitalization past Intel Corp., the world's largest chip maker.
San Diego-based Qualcomm is expected to increase its sales by 30 percent in 2012, according to market researcher IC Insights. Qualcomm's annual chips sales are expected to reach about $12.8 billion in annual chip sales, moving it three spots in the researchers' rankings to No. 4.
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