Blog Post

Qualcomm Has Invested $800 Million In Mobile TV In The US

This is one important number you may want to know. Qualcomm has sunk in $800 million in the US alone on its mobile TV venture. In an interview to India’s Hindustan Times, Paul Jacobs, CEO of Qualcomm, said he is ready to bet big bucks on MediaFLO mobile TV in India too. “If we were to partner for a MediaFLO consortium in India, then we would be willing to bet big bucks in India on our own. We have the cash and we like to chase opportunities with it.”