Any one knows how ceo be picked/fired. How soon company ceo will be fired due to bad performance?
7 replies (most recent on top)
CA comes from a 3rd class country, treating all of us here just like that. They made us go back to office, no bagels anymore, soon no sodas or water, 3 layoffs, whats next? Pay for parking?
@1yyi: Agree with you regarding the apps. I have been saying this since 2018 when the first press releases for 5G NR FR2 were released. Carriers were tripping over each other to say, "eMBB, first to reach 1Gbps". "NFLX movie can be downloaded in 12 secs", Gaming with URLLC, mMTC, and other jargon. Heck, a lot of staff engineers in ESG rose to be senior directors and their claim to fame was, "we are the 5g enablers". But I digress.
Decades ago, Steve Jobs said something prescient. To paraphrase, he said, do not build something just because the technology exists to build it - only build something if there is a use case. If Steve Jobs were to be alive, I doubt if he would have agreed to put in those expensive FR2 modules in the phones. Me and my family upgrade every other year and iPhone 13, 14 and now 15 have not once connected to a FR2 network (ask me why). 80% of the time it is LTE coverage. I wish AAPL will reduce BOM, give less licensing fees to QCOM and either invest the money in viable tech or return money to Berkshire. My retirement depends on it. Samsung is already reducing BOM by doing this...
CA lacks a true (correct) vision, but MS was worse. MS didn't even know nor was he interested in knowing QCOM's financials. AMD and Microsoft suffered a lack-of-vision problem under their previous CEO, took their current CEO years to fix. Intel is trying to right-the-ship as we speak, and hopefully they succeed.
The semiconductor industry as a whole, is having a "lack of next ki-ler-app" problem, except in AI, which nvidia (and to a lesser extend, AMD) dominates. Closest thing to next ki-ler-app on mobile is probably real-time photo/video editing, but that's somewhat niche and Google's far ahead of everyone else. IoT, automotive, VR/AR are all mostly toys for the tech-geeks.
Big part of QCOM's cash-cow was in patent licensing, not chip-making. As such, their chip design was always lacking compared to Apple. After the patent war/monopoly decision years ago, QCOM should've focused on improving operational efficiency and find the next big thing (aka AI) while their chip-making division still provided enough cash. Let's see if CA or the next CEO can properly right-the-ship in the next few years while Moore's Law slows to a crawl, as less and less reason for ppl to upgrade their phones.
why Christiano? Are you worried?
The board doesn’t want to bring an outsider CEO like Octane from Broadcom who would clean up that corruption from the top.
CA is done. Search for be CEO is on going.
It’s the board who decides CEO’s fate; the current CEO is probably safe for another year or so, but again what the he-l do I know! it will mainly depend on revenue growth or lack of it.