News
Qualcomm decides against breakup, says current structure best
December 15, 2015 by admin · Leave a Comment
Qualcomm Inc has decided not to split into separate chipmaking and technology licensing businesses, concluding a six-month strategic review instigated by hedge fund Jana Partners. San Diego-based Qualcomm, the biggest maker of chips used in mobile phones, said on Tuesday its current structure offered unique strategic benefits that cannot be replicated. Qualcomm, whose earnings have slumped by more than 40 percent in each of the last
Excerpt from:
Qualcomm decides against breakup, says current structure best