Former Qualcomm chief seeks funding from SoftBank, others for buyout

Former Qualcomm chief seeks funding from SoftBank, others for buyout

A Qualcomm Inc. baseband modem integrated circuit (IC) chip, center, of an Apple Inc. iPhone 6 smartphone is seen in an arranged photograph in Bangkok, Thailand, on Saturday, Feb. 3, 2018. Apple Chief Executive Officer Tim Cook told shareholders on Feb. 13 at the company's annual meeting to expect higher dividends and stressed that succession planning is a priority. Photographer: Brent Lewin/Bloomberg

Paul Jacobs, the former chairman of Qualcomm Inc., has approached several investors in a bid to acquire the chipmaker, which he once ran and was founded by his father, the Financial Times reported, without identifying how it obtained the information.

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