Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
Search
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Blogs First Read
    • Blogs
    • First Read
    • IT Management
    • Mobile

    Qualcomm Names New President, Fills Out Executive Suite

    By
    Jeff Burt
    -
    March 11, 2014
    Share
    Facebook
    Twitter
    Linkedin

      Qualcomm, the world’s largest provider of chips for such mobile devices as smartphones and tablets, is rounding out its executive lineup by naming Derek Aberle as its new president.

      Aberle, who had been executive vice president and group president and played an important role in Qualcomm’s licensing program, takes over for Steve Mollenkopf, who earlier this month officially took over as the company’s CEO.

      Mollenkopf had been Qualcomm’s COO, and late last year his name surfaced as a possible CEO candidate at Microsoft, taking over for Steve Ballmer. He dropped out of contention in December 2013 when Qualcomm quickly named him as CEO Paul Jacobs’ successor. Jacobs is now the company’s executive chairman.

      Aberle has been at Qualcomm since 2000 after representing the company as an outside attorney for several years before that.

      “Under his leadership, Qualcomm Technology Licensing has more than doubled its revenues and profits, completed key license agreement extensions, successfully defended challenges to our business model and established Qualcomm’s 4G licensing program,” Mollenkopf said in a statement.

      Qualcomm has seen its fortunes grow along with the rise of smartphones over the past several years. In the last three months of 2013, the company’s sales grew 10 percent from the same period in 2012, reaching $6.62 billion, while new income came in at $1.88 billion, a 2 percent drop year-to-year but a 25 percent increase over the previous quarter.

      Smartphones sales continue to rise, passing the 1 billion-units-shipped mark in 2013 and showing 39.2 percent growth over the previous year, according to IDC analysts. However, they forecast that the growth pattern in smartphones will slow to 8.3 percent in 2017 and 6.2 percent in 2018 as mature markets such as the United States and Western Europe become saturated.

      In an interview with Bloomberg March 4, Mollenkopf said he is looking into such growth areas as China and the Internet of things, as well as developing technologies that will persuade smartphone users to continue buying new products.

      “You don’t ever want to get comfortable or you’ll have a lot of problems,” he told the news site. “The impatience with where things stand today and wanting to push it forward is very common in the company.”

      Avatar
      Jeff Burt
      Jeffrey Burt has been with eWEEK since 2000, covering an array of areas that includes servers, networking, PCs, processors, converged infrastructure, unified communications and the Internet of things.

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      Zeus Kerravala - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      Wayne Rash - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Information

      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×