Qualcomm - What's Next?

This is the beginning of what would be a series of challenges and crises that you then begin to navigate over the next five years. You are working through this with the Chinese government and eventually agreed to pay a fine, almost a billion dollars. But around that time, I think it's 2015, the stock price is taking a hit. At one point it was down 16%. And as these often happens, activist investors get involved when they say, we want you guys to split the company.