Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio, according to two sources familiar with the matter.
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The mobile chipmaker has examined acquiring different pieces of Intel, which is struggling to generate cash and looking to shed business units and sell off other assets, the people said. 

 Intel has faced significant financial difficulties, including an 8% revenue decline in its PC client business last year, prompting the company to explore options for shedding certain business units. Qualcomm's interest in acquiring parts of Intel's design operations comes at a time when Intel is looking to streamline its operations and focus on its core strengths.