Qualcomm Weighs Writing ‘Big Checks’ to Ensure Chip Access
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Qualcomm Inc. Chief Executive Officer Paul Jacobs, girding against a shortage of chips, said he wouldn’t rule out owning a manufacturing plant or tapping the company’s cash pile to ensure access to needed parts.
Qualcomm is weighing different business arrangements with its suppliers and would consider “writing big checks,” Jacobs said yesterday at a briefing in San Diego, where the company is based.