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. It's also said that the restructuring will help the business bring its products to market more quickly, and if the company is able to avoid just one lawsuit /
injunction, it may be very correct with that assertion.
Continue reading Qualcomm restructures itself for summer, R&D division becomes wholly owned subsidiary
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