Better together: Qualcomm says no to split despite declining profit

Breaking Qualcomm up is not the best way to turn its performance around, the company's board has decided.Qualcomm designs and makes chips, primarily for the booming smartphone and connected devices markets. But in July the company reported lackluster results for the three months to June 28, with a 14 percent year-on-year decline in revenue and 47 percent drop in net profit.CEO Steve Mollenkopf said then that he planned on "right-sizing" the company's cost structure -- a phrase that turned out to