Showing posts with label semiconductors. Show all posts
Showing posts with label semiconductors. Show all posts

Wednesday, November 21, 2012

Cringely: Otellini was forced out by Intel board thanks to Apple’s decision to abandon Intel chips


“Paul Otellini this week resigned his position as CEO of Intel as I'm sure you've already heard or read. Analysts and pundits are weighing-in on the matter, generally attributing Otellini's failure to Intel's late and flawed effort to gain traction in the mobile processor space,” Bob Cringely writes for I, Cringely. “While I tend to agree with this assessment, it doesn't go far enough to explain Otellini's fall, which is not only his fault but also the fault of Intel's board of directors. Yes, Otellini was forced out by the board, but the better action would have been for the board to have fired itself, too.”



“If there was a single event that triggered this end to Otellini's tenure at Intel I'm guessing it is Apple's decision to abandon Intel chips for its desktop computers. There has been no such announcement but Apple has sent signals to the market and Apple doesn't send signals for fun,” Cringely writes. “The question isn't if Apple would drop Intel but when and the way product design changes are made the when is not this Christmas but next.”



Much more in the full article here.


Wednesday, November 14, 2012

Texas Instruments to cut nearly 5% of its workforce


“Texas Instruments Inc. said it will cut about 1,700 jobs, or 4.8% of its global workforce, in a cost-reduction move as it shifts away from the mobile market,” Kristin Jones reports for The Wall Street Journal.



“The Dallas company said it expects restructuring charges of $325 million, mostly in the fourth quarter, in connection with the job cuts. It expects annual savings of roughly $450 million by the end of 2013,” Jones reports. “TI recently had around 35,000 employees, according to its website.”



Jones reports, “The company has said the smartphone and tablet markets, among the fastest-growing parts of the technology sector, have become less attractive over the past year because big companies like Apple Inc. and Samsung Electronics Co. Ltd. have increasingly been making their own sales.”



Read more in the full article here.