高通老大说:别胡说,我们不会分拆芯片业务
无视来自投资者的压力,高通公司执行主席Paul Jacobs表示,该公司并无拆分芯片业务的计划。
在近日一次产业活动上,Jacobs先生对媒体表示,"这一话题我们已经讨论很长时间了,很多年来董事会都在观察,但我们认为所有业务集合的协同效应仍然有效",他又补充公司也将不断评估各种因素,并不排除未来有改变立场的可能。
Despite increasing investor pressure, Qualcomm Inc.'s (NASDAQ:QCOM) Executive Chairman Paul Jacobs announced that the company does not plan to spin-off its chip business.
At an American Chamber of Commerce event in Seoul, Mr. Jacobs told media: "We've had that discussion for a long time, many years the board has looked at it but we still think the synergies of having the businesses together outweighs the dissynergies," adding that since the company is continuously evaluating its options, and their position could change in the future.
The pressure from activist investors and other investors is often evident when there are doubts about a company's operations. In the case of Qualcomm, the firm has had long-time troubles with its chip business. It all started with the antitrust probe in China, when the successful chip business was jeopardized due to the legal issues. Integrated Circuits and Software unit of the company is the major revenue generating division. In the recent quarter it generated around 65% of the total revenue, while the rest came from technology licensing.
Back in April, hedge fund Jana Partners (one of Qualcomm’s largest shareholders with a $2 billion share), asked the chipmaker to contemplate spinning off its chip business from its patent-licensing business, which currently accounts for majority of the chipmaker’s profit, an idea which Qualcomm itself proposed 15 years ago but later dropped.
At the time, sources cited by ZDnet, said that the Qualcomm executives and Jana had, what could be labeled as "constructive" talks, on this matter since late last year.
Qualcomm is one of the world’s largest mobile phone chipset manufacturer. The company also earns a portion of its income through its patent-licensing deals. However, the company’s stock price has been gradually decreasing over the past year, as a result of the increase in competition and the move by partnering companies, like Samsung Electronics (OTCMKTS:SSNLF) to internally developed processors.
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