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Outguess isnt launching
Outguess isnt launching








outguess isnt launching

The company will begin breaking out the performance of its flash memory and security software/service ops, and will also break out the Altera unit's numbers. This was followed by news Intel is overhauling its financial reporting. Also, wireless modem/radio engineering chief Aicha Evans is reportedly resigning. Intel is five months removed from hiring Qualcomm ( QCOM) vet Murthy Renduchintala to run a massive new product/R&D group covering many business units, and just a couple weeks removed from announcing the pending departures of the heads of two of those overseen units - the Client Computing Group and Internet of Things Group. This shift stands to lower the long-term pace of Intel's manufacturing-related capex and R&D.Īre management and reporting changes playing roles? Intel no longer breaks out the performance of its mobile chip ops by itself, but the company has indicated its losses narrowed considerably in 2015.Īlso: Intel just signaled its historical "tick-tock" manufacturing cycle (two CPU platforms per manufacturing process) will be giving way to a "tick-tock-tock" (three platforms per process) cycle, and has already committed to launching a third platform (Kaby Lake) for its 14nm process. And it has been intent on paring (and eventually eliminating) losses within its mobile chip operations, which produced a $4.2B operating loss in 2014.

outguess isnt launching

To start, the company recently swallowed Altera and its 3,000+ employees, and there are doubtlessly opportunities to remove duplicate functions (particularly in G&A spending). There are also some Intel-specific factors that could be driving major layoffs. But for now, it's very much a wait-and-see situation.

Outguess isnt launching upgrade#

Going forward, there might be several technologies/trends that spark a rebound in PC upgrade rates - Windows 10-related enterprise upgrades, 4K video and gaming, convertibles/detachable tablets, virtual reality, and interest in higher-resolution notebook displays come to mind. This clearly isn't just about mobile device spending taking dollars away from PC spending: A lot of PC users simply feel as if their existing systems are good enough for the productivity and entertainment apps that they normally run. And Intel still got 58% of its revenue from its Client Computing Group in 2015. Though tablet sales are also declining and smartphone growth has slowed considerably (the law of large numbers), PC shipments managed to drop by double digits or close to it on a Y/Y basis in Q1, a rate of decline that outpaced even the substantial rates seen in Q4.

outguess isnt launching

Intel's Q1 report (due on Tuesday afternoon) would be a logical time.Ī look at Gartner and IDC's Q1 PC sales data helps explain at least part of Intel's motivation. No specific date is given on when they'll be announced. The newspaper adds the cuts "will reduce employment in some parts of business by double-digit percentages," translating to thousands of job cuts by year's end.

outguess isnt launching

The Oregonian, based out of a state that houses nearly a fifth of Intel's 107K employee workforce, reports the chip giant is prepping " a significant round" of layoffs across business units this spring. Intel ( NASDAQ: INTC) laid off 5% of its workforce in 2014, and it appears as if a fresh round of big job cuts is on the way.










Outguess isnt launching