Yahoo Finance Qualcomm (QCOM) Hones 5G Skills for University Graduates
Qualcomm Incorporated QCOM recently announced that Escola de Enxeñaría de Telecomunicación, a premier academic institute based in Vigo, Spain, has opted to incorporate Qualcomm’s 5G training program into their educational structure. Per the agreement, students will initially have access to two free 5G courses called 5G Primer and Fundamentals of Cellular Communications & 5G. Qualcomm engineers will enrich learners with real-world examples, showcasing 5G's transformative impact across diverse sectors like healthcare, automotive and other mission-critical services. It will also offer a comprehensive understanding of cutting-edge 5G features such as beamforming M-MIMO (multiple-input, multiple-output).
Upon successful completion of the free training courses, students can sign up for the 5G Introductory Level certification exam. The certification and industry recognition from a reputed enterprise like Qualcomm will accentuate a student's credibility and enhance their job prospects in the communication industry.
Apart from Universidade de Vigo, there are only three other universities that offer 5G training of this scale in collaboration with prominent enterprises. There is growing academic and private collaboration as the education institutes aim to equip students with cutting-edge skills in the field of telecommunications and information technologies.
The rapid proliferation of 5G networks worldwide has boosted the demand for well-trained, skilled professionals. The increasing focus on developing advanced 5G use cases that leverage the high-speed, low-latency capabilities in all industries makes 5G expertise one of the most sought-after skills. Through this partnership with Qualcomm, Universidade de Vigo aims to develop a set of innovators and skilled professionals with potential to unlock new opportunities and support the digital transformation in Spain and Europe.
Qualcomm is one of the largest manufacturers of wireless chipsets based on baseband technology. The company is focusing on retaining its leadership in 5G, chipset market and mobile connectivity with several technological achievements and innovative product launches. It is likely to help users experience a seamless transition to super-fast 5G networks, delivering low-power resilient multi-gigabit connectivity with the best-in-class security. This will further offer the flexibility and scalability required for broad and fast 5G adoption through accelerated commercialization by OEMs.
Qualcomm is reportedly the only chipset vendor with 5G system-level solutions spanning sub-6 and millimeter wave bands and one of the most extensive RF (radio frequency) front-end suppliers with design wins across all premium-tier smartphone customers. With the rollout of the 5G technology, it is benefiting from investment toward building a licensing program in mobile. The company is well-positioned to meet its long-term revenue targets, driven by solid 5G traction, greater visibility and a diversified revenue stream.
Shares of the company have gained 11.7% in the past year against the industry’s decline of 0.8%.
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Qualcomm currently carries a Zacks Rank #3 (Hold).
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