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Qualcomm may spin off chip business

Chipmaker delivers its third profit warning this year, says it will slash jobs and spending

New York

CHIPMAKER Qualcomm Inc said it may break itself up as it delivered its third profit warning this year and announced plans to slash jobs and spending in the face of rising competition.

The company said that it would reduce costs by about US$1.4 billion, cut about 4,500 full...

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