Qualcomm’s two largest businesses, the mobiles chipsets and the licensing segments have maintained fairly steady percentages of the total business over the past five years. However, revenue from “other segment” as percentage of its total revenue has declined significantly, since it sold-off the Omnitracs division in 2013. The company’s revenues from this segment declined from $562 million in 2013 to $198 million in 2015. Qualcomm’s Omnitracs business was about sophisticated fleet management and tracking technology for long-haul trucks. However, the decision made sense for Qualcomm as the Omnitracs business was uncorrelated with its core wireless chipset and licensing business and the sell-off resulted in an immediate EPS gain for the company.
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