Sunday, December 17, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Galaxy A8, A8 Plus and LG K Series to Appear at CES
North Korea Behind attacks on Cryptocurrency Exchanges: report
BlackBerry Ends Support for Priv, Talks About the Future of BB10
Google to Shut Down Project Tango in March 2018
Facebook Admits Spending Time on Social Media is Bad for You
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 28, 2012
Qualcomm Announced Reconstruction Plan


Qualcomm Incorporated today announced plans to modify its corporate structure, in an effort to protect its valuable 3G and 4G IP.

The company sais the corporate structure changes would enhance Qualcomm's ability to quickly deliver products to its customers, while further protecting and insulating its patent portfolio from any claims resulting from actions and activities by portions of the company other than the Qualcomm Technology Licensing Division (QTL). Qualcomm clarified that this restructuring is not part of spinning out either the QTL or QCT business.

The new corporate structure will feature the parent company, Qualcomm Incorporated, which includes QTL and corporate functions, as well as most of Qualcomm's patent portfolio; and a new wholly owned subsidiary, Qualcomm Technologies, Inc. (QTI), which, along with its subsidiaries, will operate substantially all of Qualcomm's research and development activities, as well as product and services businesses, including its semiconductor business, QCT.

The company expects that QTI and its subsidiaries' product and services businesses will increase their work with open source software in the future and this restructuring will, among other things, help ensure that QTI and its subsidiaries' activities do not result in the licensing of any of Qualcomm Incorporated's patents, including its 3G and 4G patents.

Under the new structure, QTI and its subsidiaries will own patents specifically developed for purposes of providing open source software contributions by QTI and its subsidiaries, whereas substantially all of the remainder of the company's patent portfolio will continue to be owned by Qualcomm Incorporated. QTI and its subsidiaries will have no rights to grant licenses or other rights to patents held by Qualcomm Incorporated. There will be no changes to the intellectual property that is currently owned by Qualcomm Innovation Center, Inc., which works closely with the open source community to accelerate the advancement of the wireless industry as a whole.

"Our internal reorganization will provide even greater protection for our industry-leading intellectual property portfolio as our products and services businesses seek to accelerate innovation and deliver our products to market quickly," said Dr. Paul E. Jacobs, chairman and CEO. "We are confident that this change to our corporate structure will be accomplished with little to no disruption to employees and customers. As always, Qualcomm remains committed to being a company that creates, develops, sells and licenses state of the art technology through its products and services businesses, as well as its licensing business."

Qualcomm anticipates that the new corporate structure will become effective during the first fiscal quarter of 2013.


Previous
Next
Panasonic's Boss Says OLED TV Prices Will Remain High        All News        Microsoft Google And Others Launch Program to Deploy Wireless Internet To More Places
Google Chrome and Drive Available For Your iPhone and iPad     General Computing News      Microsoft Google And Others Launch Program to Deploy Wireless Internet To More Places

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry and Qualcomm Extend Relationship to Deliver Automotive Platforms for Vehicles
Qualcomm Snapdragon 845 Soc Supports 4K HDR video Capturing, Fast Neural Processing Performance
Qualcomm Showcases "Always Connected" Snapdragon PCs by Asus and HP, Snapdragon 845 Details
Broadcom to Nominate 11 Directors for Election at Qualcomm's 2018 Annual Meeting as Takeover Fight Escalates
Qualcomm, Apple Exchange Fresh Complaints
Apple Countersuits Qualcomm Over Patent Infringement
Broadcom Considering Increasing Qualcomm Bid
Broadcom, Qualcomm and NVIDIA Remain Top Fabless IC Design Houses
Qualcomm Board Unanimously Rejects Broadcom's Take Over Proposal
Qualcomm to Reject Broadcom's $103 billion Offer: reports
Qualcomm Signs Memoranda of Understanding with Xiaomi, OPPO and Vivo
Qualcomm Ships the 10nm Centriq 2400 Server Processor

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .