Qualcomm Inc is preparing to add at least two new directors to its board, people familiar with the matter told Reuters, as the U.S. smartphone chip maker looks to appease shareholders who withheld voting support for its board last March.
Qualcomm has been forced to defend its track record this year after upsetting some investors by rebuffing a $120 billion takeover bid from rival Broadcom Inc, failing to secure Chinese regulatory approval for its $44 billion acquisition of NXP Semiconductors NV, and failing to resolve a longstanding patent dispute with Apple Inc.
