Thursday, June 28, 2012

Qualcomm restructures itself for summer, R&D division becomes wholly owned subsidiary

Qualcomm restructures itself for summer, R&D division becomes wholly owned subsidiary

You know all those lawsuits swirling about in the tech industry. Yeah. Qualcomm is looking to avoid some of the weighty implications of courtroom battles with an air gap strategy that will restructure its R&D division into a new, wholly owned subsidiary known as Qualcomm Technologies, Inc. (QTI). While the parent company will retain the company's existing patent portfolio, QTI will be responsible for product development and the existing semiconductor business. Interestingly enough, it's also said that the subsidiary will ramp up its use of open source software, and it'll strive to avoid the patents of parent company, Qualcomm.

Engadget , Qualcomm restructures itself for summer, R&D division becomes wholly owned subsidiary, Qualcomm restructures itself for summer, R&D division becomes wholly owned subsidiary

No comments:

Post a Comment