Heard rumors that WCC will be sold soon. The plan is to lay off close to 500 people! Apparently the management has been trying to sell WCC to Apple but with no success. The new buyer maybe Huawei! Brace yourself for the next few months.
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WCC MARGIN IS LOW
heard loss of connectivity is more of threat at aapl compared to samsung
why? wcc has lots of revenue
No announcement in public domain on this ?
It's true. SOLD!
Not sure about that. I heard that the set top box group has too much R&D and does not fit the business model. Hock and Rich Nelson have not gotten along since day one. There is a 15% layoff planned for this group. There is also talk about shifting resources to Singapore and Malaysia for design maintenance work. There are very low growth prospects in the set top space and management has chosen not to invest in low margin business in emerging markets. Besides there is pricing pressure. Ask the lying VP and he will say "NOT True"