Peter Clarke, Electronics360
20 November 2014
Speaking at a Qualcomm financial analysts' day held in New York Wednesday (Nov. 19) CEO Steve Mollenkopf said that the company would be leveraging its leading position as a supplier of chips for the high-end smartphone market to move into adjacent markets including servers in the data center.
Mollenkopf said that the company was preparing for the Internet of things (IoT) where new devices and new access points would transform the edge of the Internet and that these changes at the edge would also drive new demand in the data center.
"This is something we've been working but not talking about for some time. Well now we are going to have a product that goes into the server," Mollenkopf said.
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