Former Qualcomm Chairman, Paul Jacobs recently launched a wireless startup called XCOM. The company plans on focusing on advancing wireless technology, specifically in the 5G sector. Along with Jacobs, two former Qualcomm executives, Derek Aberle and Matthew Grob have also joined the company.
While a solid business model still hasn’t been laid out, Aberle confirmed in an interview with CNBC that the company will try to tackle important 5G problems, especially around latency and reliability. The company is also expected to license its proprietary 5G technology or provide software solutions to other companies that can be used in their semi-conductors. The three executives also plan on expanding the company’s workforce in coming months.
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