They acquired Atheros. They recently are acquiring/acquired CSR…. Both do connectivity in their respective areas huge overlaps..
This was not a surprise..At least not to the ones in the industry… QC is probably moving away from anything other than the chip business. They are getting a lot of competition in China from local players and from MediaTek…And, unlike the US markets, cell phone market is extremely cut-throat… Things such as media flo/etc they will not be focusing on under the new management… This is peanuts relative to the bigger scheme of things..
Another chip company a few months ago abandoned their mobile chip business/LTE group until after they figured out they can’t make money in that area…A few hundred people were RIF’ed for that too….
The good news is, Intel is hiring in San Diego for mobile tech (again…3rd time is a charm)… And they have a lot of money to burn through… I think Intel lost $1billion alone in their mobile unit last quarter..And they will continue to throw money trying to build that practice up…Because they have no choice….
The three leg race will end up being Qualcomm versus MediaTek versus Intel….
