If you were to pick just one, which would you say was by far the biggest mistake in the last 10 years?
14 replies (most recent on top)
Appeasing the fruit company is just a slow su----e, so I do not agree with the previous poster. Qcom's recent mistakes are not going after server market and services hard and falling behind on the AI bandwagon.
Too heavy of an investment in China.
Mirasol
NXP
Wasting $ in PCs.
Hiring you.
The executive team is blind and has brought down the culture
To many managers and not enough quality workers and the worst HR dept. money can buy
@gnr nailed it. Especiall #6 and #9. Quality control on middle management is non-existent. Besides failed initiatives, these managers need to really be smart enough to justify starting a given intiative in the first place, the plan for success, the expected outcome, and whether Q is even the right company to do it. "Why Q?", not "Why wait".
I would argue that Q wouldn't need to downsize if it was right-size in the first place.
QTL, no license, no chip ki-led the business
Main issue is the empire building mentality of the old guard. This is how it happens:
- Board or Exec approves a new initiative or acquisition.
- Someone close to exec and is a Q old-timer is installed.
- The Q old-timer brings in his trusted VP.
- VP brings in his group and empire building begins.
- They sprinkle in some new talent from outside.
- The old timers are simply not capable of leading the new talent.
- New talent is frustrated. Meanwhile the project is floundering.
- Excuses. Blame game begins.
- Old guard successfully pins the blame on new talent and layoffs begin (new talent is already disillusioned and many folks will have already moved on).
- Project is dismantled.
Epilogue: Rinse and repeat. Old guard moves on to a "new" initiative.
Snapdragon 810 is the biggest failure that led to the fall of Qualcomm. Every bad news you can count came after that.
X - Putting 60% of its eggs in China. - X
apple always wants to do his own chip like wifi, gpu etc. Look at imagination and all other apple supply chain companies, it's just a matter of time
Not reaching a proper agreement with Fruit company. Had they been in the right terms by mid 2010s, Fruit's wireless division would be non existent today and the constant negative sentiment that keeps pulling Q's stock would have not been there too.
🤣
Booting the protocol son.