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Qualcomm offers a very good environment for work. If you want to learn, it is a good place.
Once management realizes that you work hard and are eager to contribute and excel in your career, they will not promote you but will instead keep you in your current level with a hanging bait that you need to do more to get to that next level you deserve for a long time. There are many people on higher levels who don't work nearly half as much as you do, yet they continue to get promotions and are paid 2x more. That is why this company is not going to last long.
Advice to Management
People need to be rewarded based on their performance, and not the time they spend in the company.