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3 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED » NEWS NOW Oregon House approves landmark minimum wage proposal ... Massive boulders blocking Douglas County road blasted with TNT ... New wolf makes its way to Southern Oregon ... Oregon House approves landmark minimum wage proposal ... Massive boulders blocking Douglas County road blasted with TNT ... New wolf makes its way to Southern Oregon ... Intel just hired a Qualcomm bigwig to help expand beyond the ailing PC market (INTC, QCOM) Comment By Eugene Kim MailTribune.com By Eugene Kim Posted Nov. 20, 2015 at 1:34 PM By Eugene Kim Posted Nov. 20, 2015 at 1:34 PM » Social News YouTube/Qualcomm Dr. Venkata “Murthy” Renduchintala, the former co-president of Qualcomm's main chip unit, just left the company to join rival chipmaker Intel. At Intel, Renduchintala will be the president of the Client and Internet of Things (IoT) Businesses and Systems Architecture Group, a newly created unit that combines a lot of units: Platform Engineering, Client Computing, IoT, Software and Services, and Design & Technology Solutions groups. It's worth noting the Client Computing Group, which includes both the PC and mobile chips, and is Intel's largest revenue generator, is also looped under this group. Intel has historically made most of its money by providing chips for PCs, but with the shrinking PC market, it's been struggling to grow that part of the business. Instead, it's been focusing on data center chips and IoT chips to drive growth. The announcement was made just a day after Qualcomm promoted the other co-president Cristiano Amon as its executive VP, while making Renduchintala's departure official for the first time. According to Qualcomm, the move wasn't a sudden departure at all. In a statement sent to Business Insider, it said Renduchintala was given a few months to consider his next move. Here's what Qualcomm said: "A few months ago we made the decision to move away from a co-president leadership structure for QCT. Cristiano Amon was the clear choice as President of the chipset business. We made the decision to enhance the operation of QCT by having a single decision maker who has an exceptional track record of executing and has the confidence of the team and our customers. We are confident in Cristiano's leadership as we capitalize on the opportunities ahead. Murthy was offered another role within Qualcomm, but he chose to leave the company instead." Still, the announcement drew some question marks, considering Renduchintala's contribution to Qualcomm over tha last 10 years. He's considered to be one of the biggest names in the industry, having led Qualcomm's CDMA Technologies unit, but Qualcomm didn't have any mention of his work in yesterday's press release, only saying, " Murthy Renduchintala , who has served as QCT co-president for the past three years, will be leaving Qualcomm." NOW WATCH: The best way to clear out a ton of space on your iPhone superfast See Also: This private school next to Hollywood has produced some of the brightest minds in tech Professor who knew Bill Gates as a student at Harvard: He was the smartest person I've ever met Obama's tech guru on hackers: 'These kids are very intelligent, they're just misdirected' SEE ALSO: Intel thinks its new chips will create a huge market that eventually kills tablets By Eugene Kim MailTribune.com By Eugene Kim Posted Nov. 20, 2015 at 1:34 PM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... 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