Submitted by Qualcomm Inc.
We have been a committed partner to countries around the world for more than 30 years, supporting policies that encourage innovation, foster the advancement of mobile technology and enable business-friendly environments globally. With each new generation of wireless connectivity, we strive to create shared success in collaboration with lawmakers and regulators, and to create new opportunities for local industries and communities.
We implement our public policy approach around four key principles:
Our key public policy topics are 5G, invention and IP, spectrum, privacy, immigration and taxation. Our general positions are outlined below and published on our public policy website.
We published our global tax strategy to highlight our commitment to being a responsible and transparent corporate citizen. Our approach to tax is consistent with our CoBC and Code of Ethics and is premised on complying with applicable tax laws, maximizing stockholder value and delivering transparent tax reporting and disclosures. We also seek to pay the requisite taxes on profits generated from the activities performed in each jurisdiction.
Implementing our business strategy requires specialized engineering and other talent, as our revenues are highly dependent on technological and product innovations. To ensure that we can attract top talent, we must be able to hire the best engineers, regardless of their country of origin. Beyond fierce competition for talent across our industry and with our competitors, existing immigration laws make it more difficult for us to recruit and retain highly skilled foreign nationals, making the pool of available talent even smaller.
We engage in public policy efforts to support regulations that are aligned to today’s economic reality. Our Government Affairs team participates in diverse advocacy efforts that contribute to helping us ensure that immigration laws support our Company’s ability to develop leading-edge technologies specifically and our innovation-based global economy in general. Our advocacy efforts, as they relate to immigration laws and recruiting a global workforce, are generally implemented through collaborations with trade associations and diverse coalitions of employers. For more information on our approach to managing a diverse highly skilled workforce, please see our Sustainability Accounting Standards Board (SASB) Index.
Key public policy topics
Learn more in Qualcomm's 2022 Corporate Responsibility Report
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