One investor asked in the earnings call running right now, in which status Q is about 1B$ in terms of opex. SM said they are not over, and they intend to work on it in the next quarter. Reading between the lines, more layoffs should be coming. So far... — read more
Next run?
It seems something haapen soon in the near future.... God bless us.
Enjoy this weekend
Before the whole drama restarts again, we get ONE weekend to truly relax and enjoy ourselves. Use it up, people. We'll all need it with what's ahead of us. There'll be a lot of money to make up for and we all know what's the easiest way to do it. But... — read more
Restarting negotiation N-Q
https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm/after-qualcomm-nxp-deal-scrapped-china-says-still-open-to-talks-idUSKBN1KH01E
Why is stock up if no deal is bad?
can someone explain?
$82 - TERRIBLY UNDEVALUES THE COMPANY
That should be the quote of the century by QCOM moronic Mgmt. Now look where we are. It will be a miracle to even get back into the $70 range. It must be one of the worst decision ever to go to Trump and beg him to block this deal back in April. Now... — read more
Let's All Get a Huge Raise Like SM.
Hoping to get a giant wage increase of 84% just like SM got! Can't wait! I deserve it as much as he did!
Are we back on the menu?
Now that the NXP acquisition is dead, do you think somebody is going to attempt to buy us once again? What are the chances of that?
For those who thought both options were equally bad
I'm going to ask you if you still think so once they announce layoffs that will be used to compensate both for $2 billion paid out to NXP and $30 billion that will be used to buy back stock. We are not talking about several hundred or even a thousand... — read more
No good news
When the first two things that pop up in search when I wake up in the middle of the night to see if the official news is out are "Qualcomm-NXP merger killed by China" and "Apple will exclusively use Intel modems in 2018 iPhones, according to... — read more
No NXP deal
It's official -- no deal. Here's story from local paper: http://www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-julydeadline-20180725-story.html
How will automotive BU get affected by NXP disaster?
Will ADAS team be laid off?
Stock repurchase towards end of fiscal 2019?
Since stock is at very low price now... why can’t QCOM accelerate the purchase now, rather than wait until next year (that too after promising a better EPS this time)...
Why is China approval critical for QCOM-NXP deal?
Several countries approved the merger, why wouldn’t QCOM-NXP continue business in those countries?
Who will be responsible
For $2 Billion flushed down the drain? Who will be fired for this? If they can fire sales folks for missed sales targets that are much smaller, can at least one C-level person be fired for this.
Now that NXP is off the table and 30b to be bought back, is another layoff coming
Laying of 1500 people to save $1b was an unncessary step but intended to show stock value. Now Q has to gift 2b$ to NXP. That means another round of layoff may be on the cards. I just wish BRCM deal did not fall through. But that was purchased at 7m$... — read more
The Meltdown has Started
Facebook plunges as much as 23 percent on revenue miss and projected slowdown
Apple / Modem / Intel
Good luck Intel, you'll need it. From the call: We believe Apple intends to solely use our competitor's modems rather than our modems in its next iPhone release, Intel will get majorly F-ed here, but hey, kudos to them. I really don't think Murthy... — read more
$30B Buyback Looming (In 2015 the buyback was $10B and 1,500 were laid off)
Mollenkopp and CFO, G both said verbally at the earnings call running NOW that they have thanked RC, the CEO of N, of their hard work. Even though officially there is still time to get the approval, they give the impression this is OVER. With 30B$... — read more
Deal to be approved today at 08:00 AM Beijing time
The beijing time new papers mentioned that Q/AND decision will be today approved , CHINA played the same game with Toshiba to approve deal at last minute of last day. Just wait 3 more hours
Bloodbath begins
Let the bloodbath begin. This is going to hurt oouch! https://www.cnbc.com/2018/07/25/qualcomm-is-preparing-to-give-up-on-nxp.html
Elliot Management Corp to take a bath soon ...
couldn't happen to a greedier bunch of wall street uKnowWhats! Options play gonna be interesting. $127B buh-bye
They are really going to make us wait...
...until the very last possible minute, aren't they?
Q3 earnings call is before the deal expires!
Earnings call: 01:45pm Pacific Time http://investor.qualcomm.com/eventdetail.cfm?eventid=188336 Deal expires: by 11:59 p.m. New York City time on July 25, 2018... — read more
Possible good news?
China’s foreign ministry said on Wednesday that relevant departments reviewing U.S. chipmaker Qualcomm Inc’s proposed $44 billion takeover of Dutch company NXP Semiconductors NV have had good communication with Qualcomm over the issue... — read more
No upside
So, if the deal is approved we are looking at major consolidation layoffs on both sides (and I am sure some unrelated positions will also be terminated while Qualcomm has a good enough excuse to blame it on.) If the deal is not approved we are... — read more
Hearing from China- After lot of pressure, NXP deal is being pushed to be formalized for approval soon
As long as US Commerce Dept does not stick more sanctions on China- heavy hands-on deck from Wilbur Ross and his team. Up to you to buy NXP and QCOM stocks which will go up on positive news tomorrow.
its over officially
what is next
Good times for RF engineers
Apple needs RF engineers because the RF inside phones becomes more complex over time with number of LTE bands and carriers and MIMO and Wifi/BT/NFC/GPS etc, and making all this work on their form factor. That is the same for all OEM who do not get... — read more
Leading Indicators
Hasbro just announced that they are moving the entire supply chain out of China citing 'trade war risks' - ladies and gentlemen, if a toy maker is deciding to leave China imagine what'll happen to high tech. The first major salvo has just been fired... — read more
Calibration meetings
Can anyone give hints as to what happens at these calibration meetings. While talks in your favor, what oppositions does he face and what can you do as someone not present in these meetings to tip the balance in your favor?
Nobody cares about faster modems
Check the comments in this HM thread https://news.ycombinator.com/item?id=17604223
VP/SVP Fat cats...
I get the impression our organization is fat at the SVP and VP level. Numerous managers across the functions at that level and above seem to be mostly engaged in politics and personal enpire building. Forget the 360 and manger feedback, thats... — read more
No NXP approval forthcoming from SAMR
Qualcomm has not heard indication of NXP approval forthcoming, CNBC reports With the deadline for approval of its proposed acquisition of NXP Semiconductors (NXPI) tomorrow, Qualcomm (QCOM) has not heard any indication that an approval by China is... — read more
ladies and gentleman, it's approved!!!
Check the news
SM not lucky for Qcom
Since SM has been CEO, Q is facing trouble one after another.
Let it be done
I'm gonna pop champagne once we know the final decision, no matter if the acquisition is approved or not. I'm so tired of it all that I don't even care anymore which way it will go. Just let it be done and let us get back to work as normal. Is that... — read more
Still in talks with China
https://thefly.com/permalinks/entry.php/id2762777/QCOM;NXPI-Qualcomm-in-last-minute-talks-on-NXP-deal-in-China-Dealreporter-says
What do you get from this?
What do you get from falsely posting that NXP deal has been approved? Everybody is simply one search away from disproving your claims and realizing you were lying. There are analysts who believe it will be approved and those who believe it will not... — read more