Friday, August 22, 2025
  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Hardware

Former Qualcomm CEO Dismissed From Board of Directors

by John Law
March 19, 2018
231
SHARES
Share on FacebookShare on Twitter

Qualcomm has officially dismissed its former CEO, Paul Jacobs, from its board of directors. Jacobs had apparently expressed his desire to take the company private, and had disclosed the acquisition bid to Softbank; the Japanese conglomerate that also owns ARM and Qualcomm.

“Qualcomm Incorporated (NASDAQ: QCOM) today announced that Dr. Paul Jacobs will not be re-nominated to the Qualcomm Board of Directors at Qualcomm’s Annual Meeting of Stockholders on March 23, 2018. The Board reached that decision following his notification to the Board that he has decided to explore the possibility of making a proposal to acquire Qualcomm. The Board will consist of 10 directors effective as of the holding of the annual meeting.”

Jacobs’ desire to have Qualcomm go private isn’t an unreasonable one; private companies don’t have as many shareholders as a public company, managers of the former arrangement are less focused on increasing the value of the company in the short term, and it can have increased flexibility in short- and long-term business decisions. A perfect example of a company that went from public to private is Dell.

It’s been something of a tumultuous start of the year for Qualcomm; the semi-conductor maker came under the radar when the CEO of its competitor, Broadcom, entered into several hostile takeover bids, with the hopes of merging with one of the world’s biggest suppliers of mobile processors in the world.

To make matters more interesting, sources claim that Intel could possibly purchase Broadcom should the takeover become successful. That bid came to a halt, however, when the U.S. government crashed the party and put Broadcom’s endeavour to a stop, citing matters of national security as its reason for preventing the takeover.

ALSO READ:  Limited Samsung Galaxy Z Fold7, Flip7 Specs Allegedly Leaked

(Source: Qualcomm via Hot Hardware)

Filed Under acquisition bidqualcommSoftBank
Updated 3:06 pm, Mon, 19 March 18
http://lowy.at/ZWxCX
Share92Tweet58SendShare

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

No Result
View All Result

TRENDING THIS WEEK

  1. 1
    News

    MOF: MyKad, E-Wallets, Fuel Apps Considered For RON95 Subsidy Delivery

  2. 2
    Mobile Phones

    POCO M7 Lands In Malaysia; Starts From RM469

  3. 3
    Storage

    Seagate, KPDN Take Down Counterfeiting Hard Drive Workshop Outside Kuala Lumpur

  4. 4
    Banking

    HSBC Launches New Premier Card Travel Benefits To Entice New Customers

  5. 5
    Automotive

    Touch ‘n Go Unveils New Limited-Edition Hot Wheels NFC Card

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.