Folks,
Any news about depart to be sold ?
except Mcu and Auto nothing garanteed
3 replies (most recent on top)
CFO also mentioned at the deutsche bank technology call on 13th sep that "they probably have to sell some non-strategic low margin business" to achieve 57% margin. BTW the 1B$ these guys have received from investors quite recently, is a "bridge financing", i.e. the money is really short term, they have to give this money very soon. It seems N is running out of money in a couple of months for a "big strategic decision". I bet they will spin-off some businesses within 1 year, maybe by the end of the year. to give an idea what size the a spin-off would be: Nexperia (production part of N) was sold to 2B$ with 11.000 employees, after xFSL merge.
If MCU has room to grow which means it's good time to be sold now because no one wants to buy a department without potential
Low growth or Low margin businesses were identified. Only one financial segment falls into that category. Secure Interface and Infrastructure, with predicted growth Q-Q of 1% for Q2 18 and -9% for 2018 Y-Y. This includes the BU's Interface and Power Products, RF based groups and Digital Networking.