Qualcomm Cost optimization provides 15% reduction in staff and study the possibility of restructuring, including the sale of some assets. It is noteworthy that the leadership of the corporation does not exclude assets and movements in the opposite direction. At least, in an interview with Bloomberg CEO Steve Mollenkopf confessed that Qualcomm will sooner or later take part in the consolidation of the market of semiconductor products.
Automotive and medical equipment are referred to as the most interesting segments of the market in which Qualcomm would like to promote their products. Experts Sanford C. Bernstein in a recent research note said that Qualcomm can look at NVIDIA and NXP Semiconductors. As you know, NVIDIA promotes their Tegra processors in car entertainment systems, and control systems.