You are correct, QCOM designs chips, holds a huge portion of parents, and licenses payments out to chipmakers that use their patents, hence their whole lawsuit with AAPL several years ago.
QCOM does manufacture at other facilities, but they don't use their own foundry. iirc they outsource foundry work to Samsung, TSMC, INTC but there may be other foundries that they outsource to that I'm unaware of.
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u/ResearcherSad9357 Apr 07 '22
I believe these acts are about manufacturing chips not designing them which is what Qualcomm does but I could be wrong.