Qualcomm (QCOM) is forming a subsidiary that will develop wireless communications products for...

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

Qualcomm (QCOM) is forming a subsidiary that will develop wireless communications products for healthcare applications, as well as contain a $100M fund that will make investments in related companies. The subsidiary, called Qualcomm Life, is simultaneously announcing its first product, a solution for allowing medical device users to wirelessly access biometric data.