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Yes, however there are a couple of spin-offs and rearrangements that happen before the "main company" failing Even in the case of Philips it spun off NXP (whic
by raverbashing 4y ago
Yes, however there are a couple of spin-offs and rearrangements that happen before the "main company" failing
Even in the case of Philips it spun off NXP (which is not going great neither to be fair), ASML, Signify (lightning business etc)
Siemens also dug their own hole in severe mismanagement ("old people" running the show) and I think there's not much more left there
- ChuckNorris89 4y ago>NXP (which is not going great neither to be fair) Out of curiosity, why do you think that?
- raverbashing 4y agoI stand corrected, maybe I had read a slightly older FY results https://media.nxp.com/news-releases/news-release-details/nxp-semiconductors-reports-fourth-quarter-and-full-year-2022 https://media.nxp.com/news-releases/news-release-details/nxp... (though Qualcomm has aprox 3x the quarterly revenue)
- ChuckNorris89 4y agoQUALCOMM sells phone modems which is a much more lucrative business than NXP selling automotive chips and generic ARM microcontrollers.
- raverbashing 4y agoAnd NXP sold those (up to 3G models IIRC). https://www.nxp.com/products/no-longer-manufactured/3g-single-core-modem-platform:MXC300-30 https://www.nxp.com/products/no-longer-manufactured/3g-singl... Why are they not selling anymore? https://www.nxp.com/products/wireless:WIRELESS-CONNECTIVITY https://www.nxp.com/products/wireless:WIRELESS-CONNECTIVITY