Qualcomm Rejects Split After Completing Strategic ReviewBy
Board backs keeping licensing and semiconductor units together
Stock slump, slower sales, investigations drove push for split
Qualcomm Inc. rejected calls to split itself in two, betting that keeping its chipmaking and patent licensing businesses together is the best formula for turning around an earnings slump and stock drop.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.