Content area
Full text
Dominant chipmaker Qualcomm (NASDAQ:QCOM) may need to take some radical steps to stay ahead of the direct competition presented by the $37 billion acquisition of Broadcom by Avago Technologies, analysts said Thursday. That could mean putting together some innovative partnerships, or even divesting itself of certain parts of its business.
To combat the new Broadcom's reach, Qualcomm could partner with Intel, for example. That's according to Richard Whittington, an analyst with Drexel Hamilton, speaking to Reuters. "Qualcomm has aspirations of moving into Intel's data center processor incumbency that the Avago storage and now enterprise networking (from Broadcom) capability directly overlays," Whittington said.
But there are a number...