As chip competition heats up, Qualcomm starts cutting jobs
0. phoneArena 22 Nov 2013, 07:48 posted on
Qualcomm has started cutting jobs in its mid-management structure to reduce expenses amidst increased competition…
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1. itsdeepak4u2000 (Posts: 3718; Member since: 03 Nov 2012)
But Qualcomm is doing good and now-a-days in most of the phones, this is not good.
4. Finalflash (Posts: 3129; Member since: 23 Jul 2013)
What're you talking about, this is great. They are cutting managerial jobs, the engineers are still in place. Once in a while you need to streamline your upper tier because that bureaucracy is what hurts the engineers below.
10. Augustine (Posts: 1043; Member since: 28 Sep 2013)
This is not correct. Mostly engineers were shown the door.
2. Shatter (Posts: 2036; Member since: 29 May 2013)
So expect lower performance gains and less new features in new chips?
3. speckledapple (Posts: 892; Member since: 29 Sep 2011)
Very surprising considering how well they are doing in the space. Practically everyone has their chips.
5. rallyguy (Posts: 620; Member since: 13 Mar 2012)
Yes, just as with any company, you have to plan for the future. The chips in our phones are old business. This is a tech company which relies on new innovation and new products. Remember the term that basically says as soon as a tech product hits the market it is obsolete?
8. Augustine (Posts: 1043; Member since: 28 Sep 2013)
Actually, QCOM is a company that relies on royalties. Over half of its profits come from the licensing division.
6. livyatan (Posts: 867; Member since: 19 Jun 2013)
The answer to this seems obvious to me - next year, Qualcomm will have to count out Samsung as a customer of their high end chips due to switch to Exynos processors for the Galaxy S5 and Note 3.
Also, Tegra 5 should have far more impact and customers than Tegra 4.
This year was a blockbuster and hardly repeatable period for Qualcomm because they had basically no competition.
2014 will see a bit different story and Qualcomm is aware of that
9. galanoth (Posts: 425; Member since: 26 Nov 2011)
Qualcomm owned 2013 in the high end mobile space.
But everyone will start making their own SOC in the coming years.
Apple has A series, Samsung has Exynos, LG has rumored Odin.
HTC has always used Qualcomm but their business is small compared to the others.