Thread regarding Intel Corp. layoffs

A few interesting quotes on Intel Mobileye purchase, another spectacular FUBAR!

"Thus far here is the autonomous partnering landscape:

BMW/INTEL/MOBILEYE

UBER/VOLVO/TOYOTA

LYFT/GENERAL MOTORS/CRUISE AUTOMATION

LYFT/DIDI CHUXING/UBER/APPLE

GOOGLE/FIAT CHRYSLER

VOLKSWAGEN/GETT

FORD/VELODYNE/BAIDU

AUDI/MERCEDES/BMW/HERE

NISSAN/NASA

So you have to ask yourself: Self, just who is Intel going to sell this product to other than BMW?"

" Intel paid 75X the revenue to acquire Mobileye, so within 3 years we will likely see Mobileye spin out of Intel again.

Smaller companies like Mobileye are used to making rapid decisions in order to predict the market direction, while Intel has a long and ponderous decision-making cycle, so the cultures are not compatible and will force the Israeli employees to wish for the good old days when they were in control of their own destiny."

"Intel missed the last big thing (mobile), and now seems to be throwing globs of money at anything that could possibly be the next big thing, wearables, drones, autonomous driving, AI. Being a second tier player in a bunch of different speculative markets seem like a great strategy to me, it appears to demonstrate a lack of vision on Intel's part."

"15 billion??? I wonder who is doing the ROI calculation at Intel, Mickey Mouse?"

And the best quote of all, demonstrating the total lack of vision in the company!

"Intel again is skating to where the puck is and not to where it is going."

https://www.semiwiki.com/forum/f2/intel-buy-mobileye-$15b-9084.html

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Post ID: @OP+Mi7sWDV

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Fake company: ME

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Post ID: @1eea+Mi7sWDV

Yawn.

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Post ID: @hnc+Mi7sWDV

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