Qualcomm Incorporated is in the process of modifying its corporate structure, featuring the parent company, Qualcomm Incorporated, that includes QTL and corporate functions as well as most of Qualcomm’s patent portfolio; and a new wholly owned subsidiary, Qualcomm Technologies Inc. (QTI), that along with its subsidiaries will operate substantially all of Qualcomm’s R&D as well as product and services businesses, including its semiconductor business QCT. These changes really are pro forma, as the company has been operating in this way for some time. However, QTI and its subsidiaries’ product and services businesses will increase their work with open-source software in the future. QTI and its subsidiaries will own patents specifically developed for open-source software contributions by QTI and its subsidiaries; substantially all of the remainder of the company’s patent portfolio will continue to be owned by corporate. The process should be finished by 1Q13.

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