With Apple about to cut ties with Qualcomm, chip designer gets new president

This has been a rather tough year for Qualcomm. Legal battles with Apple over patent royalties have the chip designer in the corporate doghouse in Cupertino. Things are so bad that Apple is apparently looking to replace Qualcomm's modem with MediaTek's version of the component for the 2018 iPhone models. And don't forget that the company is the target of a hostile takeover attempt by Broadcom.

Today, Qualcomm announced that Cristiano R. Amon has been promoted to president of Qualcomm. He will remain top dog of  the Qualcomm CDMA Technologies division (QCT) and will report to Qualcomm's ...