Thread regarding NXP layoffs

N getting traction in the share market, another potential sell news?

Some news where Sam might be looking at buying N !

by
| 1555 views | |
Post ID: @XnKq1Ak

5 replies (most recent on top)

No, they always force distributors who are afraid to lose their distribution. Maybe you can’t imagine many events are being paid by those dist. And looks like N is going to be sold again.

by
|
Post ID: @XnKq1Ak-lqaz

@arqi You cannot compel your distributor, They are customer. Auto which is main part of the N's revenue is facing problems with their distribution channels in China this year. Because Auto market in China is collapsing now. Rick claimed in the call in 2019 the world economic growth could be below 3%. To sustain a minimum stable economy 3% growth is a must. World recession is approaching. As @VT9O5t4-1Fwdn pointed out, N announced in the call SG&A expenses will be reduced from 10% to 7% in 3 years. These are OpEx costs. They will fire 1% of their employees each year. Probably to polish numbers heading a sell.

by
|
Post ID: @XnKq1Ak-humo

N’s lifeline now is to force their distributors put in and put in and put it for survival.

by
|
Post ID: @XnKq1Ak-arqi

just remember, the company has had no interest in fabs for a few years now, and in America have been reducing and contracting.

If you are in MFG and expect to be a permanent employee, you are living in the past, all that can easily be done offshore, Having Western employees looking at device quality and yield is pointless. NXP's fabs are old and therefore they will need to rely of TSMC and like manufacturers for high end chips and quality otherwise NXP will go out of business. So the days of in-house Fabs are almost over.

If NXP can't make high end chips they have no future. For all of Broadcoms failures and faults, at least Hock Tan knows the business and how money is made. If NXP want to survive as a major player they need to go up against Qualcomm and Broadcomm. Otherwise they will continue to be more like TI every day. Any company that thinks it can play these days without a heavy wireless microcontroller and digital networking business is smoking something.

by
|
Post ID: @XnKq1Ak-4eqo

Haven't heard that recently, but have in the past.

The word is NXP MFG is cutting costs bigtime heading into this quarter and all non-contract employees are required to take a full week off in March. Zero OT moving forward.

by
|
Post ID: @XnKq1Ak-1rzl

Post a reply

: