Qualcomm said to be against break-up of chip, licensing units
Dual structure has long allowed the company to collect royalties on patents
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 investors to split the business in two.
The company has been considering options including whether to separate its chip and technology licensing units - a dual business structure that for decades has nurtured Qualcomm's success by allowing it…
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