Qualcomm to Spin Off Semiconductor Business

NEW YORK, N.Y.—July 25, 2000—Qualcomm Inc., the leading vendor of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it intends to spin off its IC and system software business (Qualcomm CDMA Technologies). According to Dataquest's most recent analysis, Qualcomm's IC and system software business comprises the world's largest fabless semiconductor company.

By pennNET Staff


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