Qualcomm, the world’s largest supplier of application processors for smartphones and other portable electronics, on Wednesday announced a strategic realignment plan, under which the company plans to cut-down its costs, reduce headcount and consider spinning off its technology licensing business. Qualcomm plans to implement a cost reduction action to reduce …
Read More »Qualcomm has no plans to split the company up – chairman
Despite of pressure from investors, Qualcomm has no plans to split the company up and spin off chip business to concentrate on lucrative technology development and licensing, according to the chairman of the company. Qualcomm is not only the world’s biggest supplier of application processors for mobile devices, but is …
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