Qualcomm Rides Wave of 3G Growth, Dissident Shareholder Emerges at Leap, UCSD’s Fowler Plumbs the Power of Social Networks, & More San Diego BizTech News

Qualcomm announced a series of new technology initiatives just a few weeks ago, which CEO Paul Jacobs reviewed during the wireless chipmaker’s shareholder meeting last week. And we’ve got a review of San Diego’s biztech news for you here:

Qualcomm’s (NASDAQ: [[ticker:QCOM]]) Paul Jacobs marked his fifth anniversary as CEO of the world’s largest wireless chipmaker at a shareholder meeting last week. In an upbeat overview of Qualcomm’s technology development and business performance, Jacobs said the migration of mobile users from 2G (where Qualcomm has relatively little technology) to 3G (where Qualcomm technology is pervasive) increased 380 percent, to about 1.2 billion subscribers, from 2003 to 2010.

—I interviewed UCSD professor James Fowler, who specializes in social networks and in understanding the differences between social networks in the real world and in cyberspace. He said that online social networks are particularly well-suited for conveying information, which is a different thing than the effects that real world networks play in changing behavior, such as persuading someone to stop smoking.

Qualcomm’s William F. Davidson talked with me about what makes the wireless chipmaker different from computer processor manufacturers that have entered the market for smartphones and other mobile devices. Davidson said that while processor chipmakers boast about peak download speeds and gigahertz, Qualcomm focuses on power requirements, spectrum capacity, and integrating functions to work efficiently.

—San Diego’s Fallbrook Technologies acquired Round Rock, TX-based Hodyon, which makes auxiliary power systems for trucks. Terms were not disclosed, but Fallbrook CEO Bill Klehm told me that buying Hodyon was “a perfect way to display our technology, save truckers money, and improve fuel economy.”

San Diego Gas & Electric said a solar power plant now under contract to

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.