The following video is part of our "Motley Fool Conversations" series, in which Eric Bleeker, senior technology analyst, discusses topics around the investing world.

In this edition, Eric continues his review of how major tech companies performed in 2011. Looking at Qualcomm, Eric is impressed with progress the company made in throughout the year. Notably, he points to the continuing strength of smartphone ASPs, which in turn drives the company's licensing segment. And despite continuing challenges from companies such as Marvell, NVIDIA, Intel, and Texas Instruments, Qualcomm continues holding a dominant share in mobile processors. Qualcomm managed to gain about 10% in 2011, which is a sizable outperformance relative to the flat Nasdaq, but Eric believes better times are yet to come in 2012.

Qualcomm is just one play in the mobile revolution that's changing the face of technology. To better prepare investors for this new revolution, The Motley Fool has a just released free report on mobile named "The Next Trillion-Dollar Revolution" that details a "hidden" component play inside mobile phones that also is a market leader in the exploding Chinese market. Inside the report we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, but you can be among the first to access this just-released report by clicking here -- it's free.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.