Chip maker Qualcomm on Tuesday announced Cristiano Amon as new CEO, Mollenkopf retires after 26 year

Chip producer Qualcomm on Tuesday declared that Cristiano Amon will succeed Steve Mollenkopf as CEO, compelling from June 30.

Mollenkopf educated the Board regarding his choice to resign as CEO following 26 years with the organization.

Amon, who has worked at Qualcomm since 1995, is right now President of the Company.

Mollenkopf will proceed with his work with the Company as an essential guide for a while, the organization said in an assertion.

Mollenkopf said that with "our plan of action plainly... continue reading….