Qualcomm has completed a review of its corporate structure and said it will not make any changes to its makeup and/or organization.
The company was examining whether or not it would make sense to break the company up into separate parts to unlock more value for shareholders.
“The strategic benefits of the current structure will best fuel Qualcomm’s growth as we move through the upcoming technology transitions and extend our technologies into new user experiences, services and industries,” said Steve Mollenkopf, CEO of Qualcomm. “The strategic benefits and synergies of our model are not replicable through alternative structures. We therefore believe the current structure is best.”
Qualcomm has a number of businesses. Its biggest are application processors and modems for smartphones and tablets.