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Title: Bad Reception
Author: Aaron Tilley
Narrator: Daniel May
Format: Unabridged
Length: 7 mins
Language: English
Release date: 02-16-16
Publisher: Forbes
Genres: Business, Commerce & Economy
Publisher's Summary:
Steve Mollenkopf had one of those years in 2015 you dont want to relive anytime soon. The CEO ofQualcomm, the San Diego semiconductor firm with technology in most high-end smartphones, lost Samsung as a customer for the year, had difficulty collecting licensing royalties from Chinas emerging smartphone giants, dealt with rumors that its top-of-the-line chips were overheating and narrowly escaped an effort to break up the company from activist hedge fund Jana Partners. Revenue for the year fell 5% to $25.3 billion, and net income dropped 34% to $5.3 billion.
