QUALCOMM Incorporated’s QCOM subsidiary, Qualcomm Technologies, Inc., and Nokia Corporation NOK recently announced that they achieved over-the-air (OTA) 5G NR data calls in the mmWave and sub-6 GHz spectrum bands. Notably, it is in compliance with the global 3GPP 5G NR Release 15 specification in NSA (Non-Standalone) mode.Leveraging on Nokia AirScale base stations, and a test device supported by the Qualcomm Snapdragon X50 5G modem and antenna modules, the interoperability testing milestones were accomplished at Nokia’s 5G center of excellence based in Oulu, Finland. As a matter of fact, the successful OTA testing marks an important step for the commercial deployment of 5G services in 2019.Qualcomm is one of the largest manufacturers of wireless chipset based on baseband technology. The company has been trying to retain its leadership position in 5G, chipset market and mobile connectivity, with multiple technological achievements and innovative product launches. The company’s improved and upgraded technologies will likely enable various firms to build new and updated products as well as services across the wireless ecosystem to better serve customers. Of late, this Zacks Rank #1 (Strong Buy) stock, along with Verizon Communications Inc. VZ and Ericsson ERIC, completed the first Massive MIMO (Multiple Input-Multiple Output) trial, with a fully-compatible customer device. In the past six months, the company has returned 0.3%, underperforming the industry’s average growth of 3.5%.You can see the complete list of today’s Zacks #1 Rank stocks here.Moreover, the company signed multiple licensing deals with various smartphone makers in China — including Xiaomi and Gionee Communication Equipment Co. Ltd. These new patent license agreements will lessen this chipmaker’s struggles in China and take the company a step closer to solving issues pertaining to its most profitable licensing patent business.Today's Stocks from Zacks' Hottest StrategiesIt's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.See Them Free>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ericsson (ERIC): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Nokia Corporation (NOK): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research