Qualcomm Promotes Amon As The President Of Chip Division

Qualcomm's chip design unit is now head by Cristiano Amon.

Qualcomm has promoted one of its executives. The chipmaker stated on Thursday that it has promoted Cristiano Amon to the post of the president of chip design division, Qualcomm CDMA Technologies. Earlier, he was working as its co-president. He previously shared the position with Marthy Renduchintala for the past 36 months. Murthy would no longer work for the organization.

Cristiano, 45, has worked in the chip-manufacturing organization from 1995. He supervised the wireless chip policy and business growth in the People’s Republic of China. He has also played his role in the formulation of the enterprise’s chip roadmap, which is normally planned up for two years in advance. It is known for outlining chips that the company would offer to gadget manufacturers for anything from branded, expensive phones to inexpensive phones for least developed regions.

Qualcomm news revealed that the organization’s CEO, Steve Mollenkopf stated, “Cristiano has been managing QCT’s product roadmap since 2008, a period of unprecedented growth and innovation for Qualcomm and the industry. He is the right person to lead QCT for a new era of expansion in our semiconductor business.” 

The company hired Cristiano as an engineer. In the past three years, he was the enterprise’s executive committee’s member. He has also worked as a wireless operator’s chief technical officer in the South American country Brazil and also served at Ericsson and NEC.

Mr. Mollenkopf has a BS degree in the field of electrical engineering from a Brazilian University. 50 years old Murthy was hired by the chip-manufacturer 11 years ago. Before that, he had worked with the Dutch organization, Phillip Electronics and Skyworks. Murthy has attained a doctorate in digital communications from a British university.

Qualcomm news today affirmed that the corporation is passing through a major cost reduction phase. It has witnessed significant levels of pressure on its chip manufacturing business. It is under pressure at a time when the authorizing side of its business has battled with enterprises in the Peoples’ Republic of China.

In July, the company proclaimed its plans to cut down its staff by 15% in an attempt to reduce $1.4bn in yearly expenditures. Qualcomm Breaking news further reported that South Korean authorities have declared that its licensing policy is illegal. In addition to that, the regulators have proposed that it should mend its ways and pay the fine. The potential fine’s amount has not been disclosed, but in such cases, it has been up to 10% of yearly sales revenue.