Thread regarding Qualcomm Inc. layoffs

Let the Qualcomm Ass Kissing Begin!

All your bases belong to China. Typical of companies in america. In the pursuit of winning over business in China, make short term concessions like transferring jobs and tech know-how to overseas. Then, wait a few years, for your competitors to catch up. Still jumping up and down about that 2.5% dividend yield? Good luck worker bees in America. Your days are numbered. Say hello to the same fate as Motorola.

http://www.ft.com/cms/s/0/350b65d0-d785-11e4-94b1-00144feab7de.html#ixzz3W55kgCc9

Chipmaker Qualcomm sets out China designs

Qualcomm is on a mission to minimise fallout after losing the largest antitrust case in China, a verdict that forced the US chipmaker to cut the royalties it charges and slapped it with a record Rmb6.1bn ($975m) fine.Now the company is at pains to convince Beijing it is indispensable to China — a market that accounted for half of its $26bn in revenues last year — and the global ambitions of national champions such as Xiaomi, the smartphone maker, PC manufacturer Lenovo and Huawei, the telecoms group. Each of these companies is a Qualcomm client. High quality global journalism requires investment. A key concern for Derek Aberle, the company’s president, is that its message is not being heard.“One of the lessons that we learned (as a result of the antitrust case) was that we probably weren’t engaging as much as we should’ve been,” he told the Financial Times at the Boao Economic Forum on China’s Hainan island.

So it is perhaps unsurprising that Mr Aberle made his first trip to Boao, China’s answer to the World Economic Forum at Davos and a favoured destination among foreign companies eager to curry favour with Beijing, this year. Qualcomm was a sponsor of the event for the first time, too.

The company has also broken ground on a new semiconductor plant in Fujian province, adding to one opened last year, as part of efforts to help China develop its own semiconductor industry.

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Post ID: @OP+ANFet1n

18 replies (most recent on top)

Why leave elite status in China to be wannabe middle class engineer . better to reign in hell than serve in heaven

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Post ID: @6Sty+ANFet1n

Not to worry about China; China has a history of preserving people and culture artifacts that are worth saving. Everyone else will contribute to the greater good. Bribery and money laundering are part of the culture, and so, US is a beneficiary in receiving both brain trust and money. The best and brightest are escaping mainland. Ask the QC engineers who are from China. Most comes from social elite background, which is kind of ironic in the communistic society.

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Post ID: @5hPm+ANFet1n

it's not a solution if it's only available to oligarchs and other crooks who are able to launder money out of China. For everybody else, your welcome for the spinach. Hope it solves your smog problem.

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Post ID: @3FDC+ANFet1n

China has a solution for air pollution, by escaping to US, Australia, Canada, and wherever there is clean environment. For those who cannot leave, they are importing food from US.

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Post ID: @37tu+ANFet1n

China's credit bubble will pop soon enough. Or they will all choke to death first on the National Fumes. Either way it will take everybody down, sharks and ramoras

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Post ID: @3wPt+ANFet1n

QC will become the whipping boy, answering to whatever China demands. =====

“Qualcomm is realising that the best strategy is not to get in the way of China’s rise, but to tag along and be as useful as possible.”

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Post ID: @328Z+ANFet1n

EU Bunga Bunga! where's strauss-khan and berlusconi now? They see "Qua..." and think Quaaludes.

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Post ID: @283U+ANFet1n

Three-way is definitely a possibility with NDRC, KFTC, and US-FTC. Maybe EU wants to join the party, too.

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Post ID: @2DLr+ANFet1n

Sure, maybe the Korea FTC wants a 3 way with those 2 hotties in the corner. Doesn't mean they will get what they want.

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Post ID: @2bqp+ANFet1n

Yes, you got a point. China liked the abuse but wanted a discount, because they are coming back for more. Now everybody wants a discount.

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Post ID: @1NXQ+ANFet1n

maybe it's just foreplay, bordering on kink. they obviously like the abuse, cause they dole out a fine on behalf of their swingers club members, who will still pay the cover charge (licensing fees, but with 35% groupon discount).

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Post ID: @15oq+ANFet1n

Two consenting adults can consent to exchange of drug, sex, S&M, etc. Some are legal and some are not, regardless what two adults want to consent to. QC is found to be abusive in several countries, and scrutiny continues extending to every continent on Earth.

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Post ID: @1vng+ANFet1n

simply change the conversation. Ragson is anti-innovation and wants to devalue patents. Patents aren't an asset subject to bubble pricing, like say, the housing market. Patent licensing reflects the will of two consenting adults, and are the most efficient and liquid of markets. If those Bears don't understand, play the nostalgia card of technology enablement, how QC outslugged the established 2G tyrants. QC won't reinvent the wheel (or carousel), but can license these innovations on mutually beneficial terms.

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Post ID: @1hin+ANFet1n

Below is mentioned in the article. It might take another 20 years to set up another market.

Stacy Rasgon, semiconductor industry analyst at Sanford Bernstein, says Qualcomm can command such high royalties due to a “good technology position and good lawyers, and the fact that they were able to put these agreements in place 20 years ago”.

“It is unlikely that they could replicate this business model today,” he adds.

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Post ID: @1dvo+ANFet1n

Wow who eats factory farmed meat? Shopping at the Mira mesa Walmart for food? #smithfield

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Post ID: @1Fv4+ANFet1n

Patent revenue is stable and executives love to pay themselves dividends. Beats WORKING there. Always align your interests with execs at the worker bee's expense.

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Post ID: @1xWg+ANFet1n

In the distant future, you will work for a company owned by a foreign company or government, you will live in a home owned by a company or foreign for which you pay rent to, and you will watch your tv shows on tv's made by foreign companies, and blog from computers and phones made by foreign companies, and eat food from companies like Smithfield that are now owned by foreign companies. Oh wait.

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Post ID: @bTJ+ANFet1n

Hmm. How many new offices has QC opened in the U.S. recently? (Crickets chirping)

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Post ID: @4fA+ANFet1n

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