World trade means competition from everywhere

Qualcomm, an American multinational corporation that makes innovative products powered by ingenuity, has considered buying shares of Intel’s PC Chip units. Qualcomm is all set to boost its product portfolio, and it does not directly approach the company for this potential acquisition.

The $184 billion Qualcomm’s interest and plans are not finalized and may alter. Intel was once known as “Intel Inside”, a marketing campaign for naked Laptops and Desktop Chips, used in machines worldwide. This radar of Qualcomm has dropped Intel’s revenue from 8% to 29.3 billion dollars, amid overall loss in the PC market. 

Reasons and Consequences

Qualcomm generated $35.82 billion in overall revenue in its last fiscal year.

Intel's board meeting in the next week of September with its CEO Pat Gelsinger on how to trim its operations to save cash. Potential options include a sale of its programmable chip unit, Altera.

Intel spokesperson said that Qualcomm has been “deeply committed to our PC business. 

 Intel has reported upon its disastrous second quarter, including a 15% reduction in staff and pay of dividends.

Executives are grappling upon how Intel should fund its manufacturing plans for profits and save their Market image.

Therefore, Qualcomm only requires its mobile Chipmaker, since Intel’s other server segments would be baseless to acquire. Also, as Intel is under loss, and looking for options to fix its flattering business, Qualcomm can be seen as a blessing in disguise for it. Let’s see what the future waits for both the companies.