Qualcomm said Tuesday that Steve Mollenkopf would step down as chief executive this year after guiding the dominant mobile chipmaker through the rapidly expanding smartphone era.

The California tech firm said Cristiano Amon, 50, currently president, would succeed Mollenkopf as CEO, effective June 30.

Mollenkopf, 52, became CEO in March of 2014 and will be retiring after some 26 years with the company.

Qualcomm's fortunes rose as a key supplier for iPhones and other smart devices, but Apple has recently begun making its own microprocessors.

During Mollenkopf's tenure, Qualcomm was found guilty of antitrust violations in a case brought by US officials, and later overturned on appeal. The company also became embroiled in a patent court battle with Apple.

Mollenkopf led Qualcomm's efforts as the wireless sector moved from 3G to 4G and is now transitioning for superfast 5G systems.

"I am immensely proud of all that we have accomplished at Qualcomm and the position the company currently enjoys as the world's leader in wireless technologies," Mollenkopf said in a statement.

"With our business model clearly validated and our leadership in 5G, this is the right time for Cristiano to assume leadership of the company and preside over what I see as the single largest opportunity in the company's history."

Related Links
Computer Chip Architecture, Technology and Manufacture
Nano Technology News From SpaceMart.com

Tweet

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

A high order for a low dimension
Tokyo, Japan (SPX) Jan 05, 2021
Spintronics refers to a suite of physical systems which may one day replace many electronic systems. To realize this generational leap, material components that confine electrons in one dimension are highly sought after. For the first time, researchers created such a material in the form of a special bismuth-based crystal known as a high-order topological insulator. To create spintronic devices, new materials need to be designed that take advantage of quantum behaviors not seen in everyday life. Y ... read more