Qualcomm (QCOM) CEO Cristiano Amon on proactively cutting spending

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Cristiano Amon, president of Qualcomm and Qualcomm CDMA Technologies, answers a question during a panel discussion on 5G wireless broadband technology at CES 2018 in Las Vegas, Nevada, the United States, January 10, 2018.

Steve Marcus | Reuters

Qualcomm (QCOM) CEO Cristiano Amon said on Thursday that the chipmaker was prioritizing cost cutting, a day after announcing a hiring freeze.

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