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Qualcomm dominant position in the market of processors for smartphones can not continue indefinitely only due to past achievements of the company. The developer will have to give up the ready-made solutions with ARM architecture in the productive segment, offering customers created under license from ARM, but their own architecture.
Large institutional investors in the face of fund Jana Partners LLC encourages leadership Qualcomm split-level organizational structure and capital division of the company involved in the development of processors and research activities. At the current share price Qualcomm business development company processors' costs almost nothing ", and this state of affairs activists, investors would like to fix . The share of Jana Partners have to Qualcomm shares worth $ 2 billion. While this investor is satisfied only one solution Qualcomm - to spend on the purchase of its own shares at least $ 15 billion. And increase the amount of dividends, as well as to reform the system of material incentives management. Qualcomm financial return from a dominant position in the market of processors for smartphones is not as great as we would like shareholders. The solution may separate the processor business into an independent structure. Qualcomm also receives revenue from license fees . Related Products :
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