David Rosenthal: belief

Transcript context

…Totally. You didn't have to encode anything from analog to digital. When you're talking into your phone, you got to encode the signal. But if you're downloading a website, you're sending an iMessage, or you're sending a tweet, all that's digital information anyway. It's already packets. It lends itself perfectly to CDMA's digital required infrastructure. Totally. Then in 2005, Irwin retires as CEO, I believe, and also as Chairman of Qualcomm. Interestingly, his son, one of his four sons, Paul Jacobs, takes over and becomes the company's CEO. Paul actually has a Ph.D. in electrical engineering as well. He spent his whole career at Qualcomm, rose through the ranks, and becomes the CEO. An important thing, remember I put a pin in the idea that 20 years from 1985 when they filed that first patent, something else would happen? Paul Jacobs become CEO. Also in 2005, Qualcomm buys Flarion Technologies for $600 million. Flarion had some interesting products, but they had a lot of patents that would become essential for 4G. When we talked to some industry analysts about this, one view was, and I quote, "It was to refill the pot of missiles that Qualcomm promises not to fire at their customers if they pay additional money." The key set of technologies here were OFDMA, which we're not going into. 4G was based on OFDMA instead of CDMA, Orthogonal Frequency...…

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