Steve Mollenkopf became the third CEO of Qualcomm Tuesday, ending the reign of the Jacobs family over the 28-year-old business. Mollenkopf replaces Dr. Paul E. Jacobs, who will become the executive chairman as part of a transition plan that was announced in December. Paul Jacobs had risen to CEO in 2005 after his father and the inventor of CDMA, Irwin Jacobs, stepped down from the role. Qualcomm has managed to continue growing the company even as its CDMA technology has become a casualty of time and GSM networks, and Mollenkopf will see it expand beyond mobile into the internet of things.
Qualcomm is promoting its new CEO from within, handing the reins to 20-year executive Steve Mollenkopf, who has headed up Qualcomm’s core semiconductor group and most recently served as COO.
Qualcomm, facing some headwinds in its business, is looking to trim some fat, sources tell us. The company cut some VP level executives and many others in order to rein in expenses. Some details…
Qualcomm is taking on AirPlay, Sonos and Spotify’s Connect platform with its own multi-room audio streaming platform dubbed AllPlay.
Qualcomm CEO Dr. Paul Jacobs shared his mobile vision at CES Tuesday, with much of the focus on emerging markets. With half of all smartphones expected to be sold in emerging markets by 2015, it’s no wonder the chipmaker is looking to innovate beyond traditional borders.
When it comes to broadband, it seems Indians will increasingly use 3G wireless connections to access the Internet. At the end of the first quarter of 2011 there were 11.5 million wired broadband subscribers in India, a pittance versus the explosive growth in 3G connections.
Over the weekend I got a copy of a note from investor meetings with Qualcomm (NSDQ: QCOM) CEO Paul Jacobs suggesting that the company was ab…