Qualcomm, the wireless chip manufacturer he cofounded, Jacobs has been giving away money at a steady pace.

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As a reasonable approximation whether you make money as a chip manufacturer or not depends upon how full your factories are.

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In March 2012, Irwin Jacobs left the board of Qualcomm, ending his tenure at the wireless chip manufacturer he co-founded in 1985.

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Integrated Silicon Solutions (ISSI) is a specialty memory chip manufacturer that focuses on products for the communications, consumer products, automotive, industrial, medical and military end user.

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Though he declines to reveal the chip's manufacturer, Warwick did disclose that it's a "commercial" product.

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But recently revised forecasts from Nokia and Samsung, the world's No. 1 and No. 2 handset makers, as well as mobile chip-set manufacturer Qualcomm, augur trouble in 2009.

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Samsung is the first major manufacturer to embed a Bluetooth radio chip in an MP3 player, allowing it to broadcast to a pair of wireless stereo headphones.

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