MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Software
Written by / Agency / Source: QUALCOMM, Inc.
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Qualcomm Implements New Corporate Structure - Qualcomm Incorporated, a leading developer and innovator of advanced wireless technologies, products and services, today completed the Company’s previously announced plans to modify its corporate structure (NASDAQ: QCOM) - Qualcomm.com
Qualcomm Implements New Corporate Structure

 

NewswireToday - /newswire/ - San Diego, CA, United States, 2012/10/01 - Qualcomm Incorporated, a leading developer and innovator of advanced wireless technologies, products and services, today completed the Company’s previously announced plans to modify its corporate structure (NASDAQ: QCOM) - Qualcomm.com. NASDAQ: QCOM

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As previously stated, the corporate structure changes have been implemented, among other reasons, in order to enhance Qualcomm’s ability to quickly deliver products to its customers, while further protecting and insulating its valuable patent portfolio from any claims resulting from actions and activities by portions of the company other than the Qualcomm Technology Licensing Division (QTL). Qualcomm did not undergo this restructuring in anticipation, or as part, of spinning out either the QTL or QCT businesses, nor was this change in response to any third party actions or claims.

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

Under the new structure, QTI and its subsidiaries owns 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 is owned by Qualcomm Incorporated. QTI and its subsidiaries have no rights to grant licenses or other rights to patents held by Qualcomm Incorporated. There are 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.

“As a market leader in mobile communications technology, Qualcomm has always been, and will continue to be, responsive to changes in market demand,” said Dr. Paul E. Jacobs, chairman and CEO. “I am pleased by the seamless transition of our corporate structure for our employees and customers and look forward to the accelerated innovation and quicker delivery of our products and services to market and the increased protection of our industry-leading patent portfolio. As always, Qualcomm’s unwavering commitment to pushing the boundaries of mobile through breaking down barriers to reach more, connect more and create more experiences remains strong.”

Qualcomm does not expect any change to the way in which it defines its operating segments for financial reporting purposes as a result of this restructuring.

About Qualcomm
Qualcomm Incorporated (qualcomm.com) is the world leader in 3G, 4G and next-generation wireless technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.

Qualcomm is a trademark of Qualcomm Incorporated, registered in the United States and other countries. All other trademarks are the property of their respective owners.

Qualcomm Contact
Warren Kneeshaw, Investor Relations
P: 1-858-658-4813 - E: ir[.]qualcomm.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: QUALCOMM, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Qualcomm Implements New Corporate Structure

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Tina Asmar - Qualcomm.com 
+1 858-845-5959 corpcomm[.]qualcomm.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any QUALCOMM, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From QUALCOMM, Inc. / Company Profile


Read Software Most Recent Related Newswires:

Cox Media Group (CMG) Implements Matrix’s Media Ad Sales Platform Enterprise-Wide
Levoni Group Chooses Infor for Digital Transformation
Emily Cooperative Telephony Company Leverages Ribbon’s SBC SWe to Enhance its Communications Network with Advanced Security Capabilities
Ribbon Wins TIA QuEST Forum 2020 Global Sustainability Award for Excellence in Software
Blue Yonder and PredictHQ Partner to Reveal Demand Drivers for Retail and Manufacturing
Brazil’s Cabana Burger Increases Delivery Orders by 400% with Oracle
Reckitt Benckiser Standardizes on Veeva Commercial Cloud Applications to Advance Digital Excellence Globally
Blue Yonder Expands Relationship with HEINEKEN to Plan Volatile Demand in Fast Changing World
Global Retailers Virgin Megastore, Sundiro Honda Select SAP Commerce Cloud to Deliver Exceptional Shopping Experiences
FC Bayern Implements SAP SuccessFactors Employee Central to Improve Digital HR Capabilities
Oracle Cloud VMware Solution Obtains FedRAMP High Authorization
McLaren Racing and Splunk Announce Multi-Year Formula 1 Partnership Extension
Bed Bath & Beyond Selects Oracle to Modernize Enterprise Resource Planning and Accelerate Technology Transformation
Kontron SUSiEtec Enables Holistic Approach to Digital Transformation
Oracle Expands Hybrid Cloud Portfolio with New Oracle Roving Edge Infrastructure

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  RightITnow, Inc.





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)