Derek Aberle will step down from Qualcomm

Global chip giant Qualcomm will lose a key man Derek Aberle, president ,Qualcomm's 31st December 2017 after serving for 17 years . His long association with Qualcomm is in between various ongoing legal battles involving Qualcomm’s Technology Licensing(QTL), Qualcomm’s licensing business, which Aberle leds for about a decade and with this It’ll shake the semiconductor industry. 

Over the past 30years of legacy Qualcomm has been inventing core technologies that have enabled the mobile revolution and made all modern smartphones possible. In a statement, Steve Mollenkopf, CEO, Qualcomm spoke about Aberle's vision, creativity, dedication, and judgment in various key decisions and under his leadership, the QTL division has significantly grown in both revenues and profits, established its 4G licensing program and enabled significant competition across the industry," he further added. "I believe the company is well positioned to build on Derek's record of success and continue to deliver solid results in the future....Read More

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