Mobile chipmaker Qualcommis considering acquiring parts of Intel’s chip design division. At a time when Intel is experiencing financial difficulties, this move by Qualcomm could have a major impact on the technology world.

Qualcommpays special attention to Intel’s PC design business units. Company IAll design departments of Ntel However, it sees some areas, such as the server segment, as less strategically important. Intel’s financial problems and plans to spin off some of its businesses may have affected Qualcomm’s valuations in this area.

Intel’s Big Drop in Its Second Quarter Report

IntelAfter the recent major financial crisis, the company is considering options to sell or split up some of its businesses. The company announced in its second quarter report that it had experienced a severe financial decline, had reduced its workforce and stopped paying dividends.

Intel’s board meeting this month is expected to announce new plans for cost savings and asset sales for the company’s future. Qualcomm wants to acquire Intel’s chip design divisionscould further fuel competition between two giant technology companies.