San Diego Business Journal

Jacobs to Keynote at Giant Technology Show

Friday, October 19, 2012

The Consumer Electronics Association, which puts on an annual technology industry trade show in Las Vegas each January, selected Qualcomm Inc. Chairman and CEO Paul Jacobs to be its keynote speaker.

Jacobs, who succeeded his father Irwin as CEO in 2005, replaces Microsoft CEO Steve Ballmer, who did the keynote speech for the last 14 years, according to Qualcomm. Microsoft’s co-founder Bill Gates was also a speaker at CEA. Redmond, Wash.-based Microsoft is withdrawing from CEA both in its keynote speaker role and as an exhibitor.

CEA said Jacobs’ talk on Jan. 7 will highlight the company’s “born mobile” theme.

Qualcomm said the company has shipped more than 8 billion mobile chip sets as of April, and is the world’s No. 1 mobile chip set provider.

According to Qualcomm, by the year 2020, the estimated number of connected devices will be 50 billion, and by 2015, the number will be 25 billion.

The CEA gathering is the tech industry’s biggest, and last year drew a record 35,734 attendees from about 150 countries. That was up 13 percent from 2011’s attendance.

In other Qualcomm news, the company declared its quarterly cash dividend of 25 cents per common share, payable on Dec. 21 to stockholders of record at Dec. 7.