hist78
Well-known member
Intel made a huge mistake 10 years ago. Now 12,000 workers are paying the price
Intel made a huge mistake 1 years ago. Now 12, workers are paying the price. - Vox
Intel planning for thousands of job cuts, internal sources say
- Thread starter CharlieD
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Intel made a huge mistake 10 years ago. Now 12,000 workers are paying the price
Intel made a huge mistake 1 years ago. Now 12, workers are paying the price. - Vox
But 10 years ago it was indeed impossible to make any money in phone CPU business. It's obviously easier to see now that perhaps it was a mistake. That said, I think the problem is broader than that. Qualcomm supposedly did not make the same mistake (not because they were smarter but because they happened to be in this business) and they are arguably in worse shape than Intel is now with prospects just as grim. And it appears that the amount of profits generated in mobile APU business will most likely go down from here.
I really do not see BK as being the right leader for Intel at this time. Same goes for Andy Bryant as Chairman. His time is past.
hist78
Well-known member
One single mistake ten years ago probably won't hurt Intel badly. The problem is Intel has been making series of mistakes. Some of them I have described in the previous comment in this thread.
https://www.semiwiki.com/forum/f2/i...nal-sources-say-7643-post28616.html#post28616
Here is the conference call transcript fro Seeking Alpha:
Intel (INTC) Brian M. Krzanich on Q1 216 Results - Earnings Call Transcript | Seeking Alpha
16 pages of spin doctoring...... Intel is in serious trouble, absolutely.
Drink your own bathwater
v. A metaphor for a person or a group of people believing their own lies and propaganda. The effects of doing this can be comical, but this is usually the harbinger of the demise of the practitioner(s).
Intel (INTC) Brian M. Krzanich on Q1 216 Results - Earnings Call Transcript | Seeking Alpha
16 pages of spin doctoring...... Intel is in serious trouble, absolutely.
Drink your own bathwater
v. A metaphor for a person or a group of people believing their own lies and propaganda. The effects of doing this can be comical, but this is usually the harbinger of the demise of the practitioner(s).
hist78
Well-known member
Both of them participated in the wonderful "Contra Revenue" scheme and even convinced many (or some) market analysts that Intel is under the great leadership and on the right direction. Reading the following two years old article is a refreshing experience.
Intel's Contra-Revenue Program Is Not What You Think It Is -- The Motley Fool
Mobile appears to be a litmus test for this board. (ie. "Intel doesn't get mobile, therefore, nothing else they do matters"). I don't agree. This is echo-chamber thinking.
Intel CC mentioned innovation repeatedly. I agree with this (and we must hold them to this--"Where is this innovation you speak of, BK?")
It disgusts me that Intel maintains their headcount at 100,000 people by laying off regularly, yet, it is predictable, it's what they do over and over. Then we blame the victims and whisper that they deserved it. The whispers are what REALLY disgust me. Intel employees are the most loyal--many have been there for 20+ years. They absolutely don't deserve this, no way.
Diversification is a good thing for Intel. They are becoming more of a volume memory manufacturer and boutique logic MFG. Time will tell if this works out. I wouldn't be buying Intel stock on the expectation of the same margins going forward.
Intel CC mentioned innovation repeatedly. I agree with this (and we must hold them to this--"Where is this innovation you speak of, BK?")
It disgusts me that Intel maintains their headcount at 100,000 people by laying off regularly, yet, it is predictable, it's what they do over and over. Then we blame the victims and whisper that they deserved it. The whispers are what REALLY disgust me. Intel employees are the most loyal--many have been there for 20+ years. They absolutely don't deserve this, no way.
Diversification is a good thing for Intel. They are becoming more of a volume memory manufacturer and boutique logic MFG. Time will tell if this works out. I wouldn't be buying Intel stock on the expectation of the same margins going forward.
P
Portland
Guest
Two observations
Mike Rogoway is first in a lot of happenings at Intel.
Andy Grove passing away has changed things a lot.
Mike Rogoway is first in a lot of happenings at Intel.
Andy Grove passing away has changed things a lot.
S
Staf_Verhaegen
Guest
I do think the main continuing mistake is their pride/arrogance to not willing to license ARM and keep with their own architecture. I think it will several more mediocre to bad quarters before they will be prepared to go the ARM route.
hist78
Well-known member
Dr. Morris Chang once told audience at a forum in Stanford University a lesson he learned when he got his first job at Sylvania Semiconductor after graduating from MIT. He said the director he reported to frequently told employees one major problem Sylvania was facing. The problem was that Sylvania can't make the product customers want to buy and at the same time Sylvania can't sell the product Sylvania can make.
Morris then told the audience this is one of the problem he tries to avoid throughout his career in semiconductor industry.
Intel is in this difficult junction. Intel must turn its focus onto customers. Intel's technologies and capabilities are important but without customers those technologies and capabilities are irrelevant.
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It's a little like payola in the music industry.
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hist78
Well-known member
Thank you for pointing out the term "Payola". I didn't know the "Payola" is actually illegal under the US regulation. On the other hand Intel's "Contra Revenue" is probably legal. Although government won't accuse a person who attempts to commit a suicide is "illegal" either.
Payola - Wikipedia, the free encyclopedia