Most investors see the smartphone market as a single, booming segment of the larger tech space. However, what many fail to realize is that the entire market for smartphones has developed its own subsectors. This has huge implications for device and chip makers. One company that's laser-focused on both the booming high end and now also the exploding lower tier is chip dynamo Qualcomm. The company has recently decided to blaze its own trail, one that could lead to some serious returns for its investors. To find out the entire story, watch the following video.
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Andrew Tonner has no positions in the stocks mentioned above. You can follow Andrew and all his writing on Twitter at @Andrew Tonner. Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Qualcomm. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.