ST and Q parterning up.
While NXP is becoming a « Management Company » instead of « Engineering Company »
Be prepared to see an acquisition of NXP soon by Q or someone else in 1-2 years
7 replies (most recent on top)
NXP is so far being in AI, I’ve heard that the many teams are only recognized emails to join webinars that talk about MS copilot chat. Is this for real?
Yup, the management always had a short term outlook. The new CEO is not doing anything different. NXP is driven by costs and customers, not innovation and engineering. I will not be surprised if things go south for the company.
When financial metrics are the culture.... NXP isn't losing to a competitor, they lost to themselves- just look at Intel.
@21r - the tail cutting has been going on for a while now.... The older nodes are becoming harder to maintain costs without upsetting customers on prices. STM, IFX and Renesas will eventually eat NXP's lunch in MCU's and all that will be left is the MPU's, NFC's and Wireless. The moment NXP loses the big fruit company nfc & usb sockets, the bloodletting will get real bad.
NXP is managing the decline of their business and the VP boys club are all watching out for each other while the real talent is being let go every few months in quiet RIF's.
The Freescale products are the last good one's keeping the profit machine going and their new MPU's are riddled with issues and poor decisions made.... like what memory controllers were used severely limiting DDR suppliers for design in. 2026 & 2027 are going to be brutal for design wins with such limited DDR options in an already tough state of things in the memory marketplace.
Their wireless portfolio is falling behind fast and other, more nimble, companies will come it and steal business away from profit hungry S&OP teams unwilling to be competitive.
Management is going to end up deep-sixing NXP in a few years at this rate.
Existing employees are all job hugging because the market is so bad; otherwise things would be accelerating towards worse times faster. Those of us left are all facing big time burnout and bigger workloads by the day watching management make bad decision after bad decision..... I feel a survey coming soon with some propaganda mixed in to make us feel better and "hopeful".... Rinse wash and repeat the propaganda cycle.
Old news on the STM front. And remember, Q already tried to acquire NXP and failed during the last Trump admin. Ended up paying 2B breakup fee.
@OP interesting view. Normally during acquisitions they keep engineers, portfolio and get rid of managers. Who will want to buy a company that let go of its engineering and kept PowerPoint warriors?