Thread regarding Qualcomm Inc. layoffs

Here's an idea QC CEO, set up innovation teams who come up with IoT ideas and fund them

They operate like startups and possibly even compete with each other. Then when one wins do it again with other ideas etc. Setup innovation centers where you pay engineers to brainstorm ideas and then pitch them. Give them incentive by giving them part ownership of the patents and stock bonuses if they succeed.

Just taking ideas from the top will lead to stagnation not innovation. Oh wait that sounds like QC now doesn't it.

You could fund this by keeping 500 engineers from layoff and spending the 100M bonus on employing them instead of giving it to executive management.

Just saying...

by GetReal
| 477 views | | 9 replies (last July 26, 2015) | Reply
Post ID: @OP+CEl0zGe
Comment! It's anonymous!

9 replies (most recent on top)

Anonymous123996: Yes, this is exactly why all of us need to GTFO. And I don't just mean we need to GTFO of the Q, but GTFO of the semiconductor industry. All of the money to be made is on services that use the increasingly commoditized chips. That means that when we GTFO, we do NOT go to companies like BRCM, MRVL, etc. We go to companies that use chips and add value to them with services and software, and squeeze all of the margin they can out of companies like Qualcomm by threatening to buy from competitors because no one cares whose chips are in the products.

by Anonymous124050
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Post ID: @1D7D+CEl0zGe

Anonymous123973, you hit the nail on the head. There's money to be made in IOT. But it's going to be in services/cloud infrastructure etc, not in the chipsets which are going to be dirt cheap.

by Anonymous123996
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Post ID: @7iU+CEl0zGe

But you can charge $20 a month for services. Like a sensor in your toilet to alert you when fiber in diet is too low, which immediate places an order through Amazon Fresh.

by Anonymous123973
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Post ID: @769+CEl0zGe

I was at an IOT company 15 years ago and founded an IOT company 12 years ago. IOT is just new hype for the wireless sensor networks research buzzword. Other than glorified smoke detectors and alarm systems, there is NOTHING THERE. Do not throw your career away. How many $1 computers do you think must be sold to have a company with 30,000 employees? That's write, 10 billion, 30 for every man-woman-child in the USA every year. IOT is a boondoggle.

by Anonymous123958
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Post ID: @rxy+CEl0zGe

QC is done. No innovation with only H1B non thinkers left. Wake up and smell the sh*t.

by Anonymous123956
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Post ID: @HHr+CEl0zGe

Yes, SM would kill Uber because there wasn't a readily available comparable product with a successful track record for PdMs to extrapolate profits from. This is crucial for knowing in advance whether a product would be profitable. iPhone would be killed as well, since there were no other successful full touchscreen phones that could serve as an indicator of success and nobody was asking for it at the time

by Anonymous123935
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Post ID: @0hI+CEl0zGe

would PM kill Uber app idea?

by Anonymous123930
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Post ID: @1Nt+CEl0zGe

Anonymous123926: Precisely why SM is such a bad CEO. Even Steve Jobs had projects that flopped, but if he was so scared to try new things because of what happened with the Newton, then we never would have had the iPhone...

by Anonymous123928
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Post ID: @P8Z+CEl0zGe

That is not possible. For any project to be approved, program management office needs to know in advance that it will be profitable

by Anonymous123926
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Post ID: @D4s+CEl0zGe

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