Apple Chip Supplier Qualcomm Bets Against Breakup

By | December 15, 2015

Scalper1 News

Apple (AAPL) supplier Qualcomm (QCOM) said Tuesday it won’t cow to activist investor Jana Partners’ push to split the company’s profitable chip business from its lagging licensing segment. Wrapping a five-month “comprehensive review,” the special committee concluded Qualcomm’s shareholders would be best served via the combined, and complementary, businesses, CEO Steve Mollenkopf said in the press release. “The strategic benefits and synergies of Scalper1 News

Scalper1 News