ICF insiders - any hints on who? I see speculation on Nokia, HP....what about Panasonic?
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What did ICF accomplish, can’t imagine the B$ on their IPS
And middle managers in TMG have been secretly relocating themselves to positions in IoT since creation of ICF. Save themselves, screw everyone else.
An external customer is left high and dry, how about intel internal designs. The whole product roadmap at intel is busted because of 10nm failure.
Imagine where would Apple be if they had depended TMG?
ICF is a complete and total joke. They'll be lucky if they can sell TMG as a foundry for pennies on the dollar.
SemiAccurate could be on to something. What I heard from a well connected friend is that the ICF customer walked, and that the customer was deploying plan B.
Disposing of a major customer like Ericsson or Nokia in that manner would have been more than enough reason to get rid of the clown Krzanich.
Interesting read
https://semiaccurate.com/forums/showthread.php?9139-Intel-s-10nm-fiasco-is-going-to-kill-a-mystery-tech-giant
I would say HTC from Taiwan, but their market cap is ~$45B.
Charlie’s is missing the elephant in the room how TMG failure and lying on 10nm is taking down a 230billion company
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Closest ones meeting 20B market cap techs are western digital and Microchip technology in the list below
https://www.nasdaq.com/screening/companies-by-industry.aspx?sortname=marketcap&sorttype=1&exchange=NASDAQ&page=2
BK killed the cash cow! His arrogance and stupidity are simply astounding and will go into history books.
If this story is accurate that Intel's failure to deliver 10nm technology has led to the complete demise of a large tech company, it is further proof that TMG has once again failed and does not deserve another chance (how many times have we heard this in reference to TMG). Intel needs to dump this incredibly corrupt, money wasting, lying organization and go with a reliable source like TSMC. There is only so much the shareholders can take.
Not a surprise when you look at the lying and deceiving between organizations to avoid blame and further careers it isn’t a wonder they lie to customers or worse.
Hope the new CEO cleans house down to the VP level for this and only when that happens will intel possible reinvent itself