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Qualcomm said to be against break-up of chip, licensing units

Dual structure has long allowed the company to collect royalties on patents
Tuesday, December 15, 2015 - 05:50
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Qualcomm is now under investigation on three continents, leading some investors to argue that regulators might relent if the company gave up a bit of its dominance in the smartphone-chip market.

San Francisco

QUALCOMM Inc chief executive officer Steve Mollenkopf is struggling with the chipmaker's worst stock decline since the financial crisis, dragged down by earnings shortfalls and antitrust inquiries around the world. Things may get worse if he yields to pressure from some