5 reasons renesas ditched modem business _ ee times stock futures cnn money
MADISON, Wis. Cattle futures market news — Ailing Japanese chip vendor Renesas Electronics Corp. Canadian dollar to indian rupee exchange rate today officially announced Thursday, June 27, what appeared inevitable to the rest of the world: termination of its wireless modem business.
Renesas acquired in 2010 a wireless modem development team from Nokia, all of whom will be affected: 1,100 employees in Finland, 300 in India, and 30 in China.
The acquisition of Nokia’s modem business, when announced, met with skepticism from the industry while revealing Renesas’s ambition to transform from a chip supplier to the world’s mobile technology leader.
First, the world order in the mobile market, since 2010, has dramatically shifted, leaving power with a handful of smartphone winners (namely,
Apple and Samsung) and mobile chip suppliers (Qualcomm, Samsung).
If you are not in iPhone or Galaxy by now, you’ve found that your mobile chips — especially those designed for advanced smartphones — have nowhere to go.
Clearly, building a company based on advanced cellular technologies of well known pedigree (such as those of Ericsson or of Nokia) wasn’t enough to win the global battle. Text editor for windows 10 Neither Renesas Mobile Corp. Gbp usd forecast today (RMC) nor the ST-Ericsson joint venture (which broke up earlier this year) was able to survive the violently turbulent market of the last two years.
Both companies lagged far behind their peers in Asia, including Taiwan’s MediaTek, China’s Spreadtrum, and a growing number of China’s indigenous fabless chip vendors, all focused on the now burgeoning low-cost smartphone market in Asia. Binary file download Neither RMC nor ST-Ericsson had the right product portfolio or development strategy to meet the needs of OEMs and ODMs in China.
The development of modem chips requires engineers with the sort of intimate knowledge and experience that enables them to keep up with constantly changing cellular standards. Binary to decimal More significantly, unlike digital apps processors, the work on those cellular modem chips is often never done, even long after the modems are designed, due to a long certification process they must go through. Usd to myr conversion Modem chips need to be field-tested, modified, and approved by cellular operators. Stock futures meaning And then they get adjusted again. Msn news video It’s not unusual for modem chip developers to keep more than a thousand engineers.
Anyone who spent some time to follow the history of Renesas and Akao could see that he would have done nothing to right the ship. Gbp to usd historical exchange rates Had he been an effective manager, Renesas Technology probably would not have rapidly going down the WW Semi Ranking after it was created in early 2000s. Stock market futures quotes Soon after the formation of RMC, it was obviously Akao and his croonies were not going to make it. Usa today crossword The operation was “bloated” from the start: offices in many geographies worldwide (Japan, US, China, India, Germany, Finland). Aud usd investing Money were wasted by unnecessary business travels. Current stock market futures Japanese management were saddled with indecision and top-heaviness. Fraction calculator online free European management were saddled with high cost (this could be OK with the right market strategy though) and slow moving (typified by the spectacular failure of STE and perhaps Alcatel as well). Cout binary US management was simply a window dressing at the time. Can to usd Given the competition are the very aggressive MediaTek, Spreadtrum, HiSilicon, Samsung in Asia; and Qualcomm, Intel, Broadcom, Marvell, Nvidia in US. Commodity futures meaning RMC was doomed to fail to many people with true understandings of technologies, semiconductors, and markets in Asia/US/Europe.
In truth, I was not surprised at the demise of RMC. Xau usd investing However, I moan the once great Nokia modem engineers are now in the wilderness. Feeder cattle futures market prices I wish someone with good vision and bravery to pick them up, do the right thing, make the right move, and show the world what they can do!
I mean no disrespect to our Japanese and French colleagues, who I’ve enjoyed working with, but to me this news also means the final death of the once great Nokia Mobile Phones.
People have obviously come and gone since, but probably around 70% of the people working in the modem part of RMC are still the ex-Nokia modem people and with us all being made redundant, it marks the end of that modem software asset. 1 nzd to usd I feel proud to have been part of the team and part of that asset.
Ignoring some of the awful Nokia phones that were released around the time things went pear shaped (N97 anyone?), that modem technology has been in some of the most well regarded handsets in the industry. What are market futures N95, E71, 6310, 8310, 3310 to name but a few. Global market futures In fact, as the modem technology was licensed to STEricsson for their NovaThor chipset, there are also products on the market today to feel proud of such as the Samsung S3 mini and some of the Sony Xperia series.
A lot of those were before my time here, but there are still a lot of people in RMC who were involved in those products and should feel proud of their legacy. Pound exchange rate forecast And I re-iterate earlier comments that it seems a crime that such a 20+ year old software asset with proven quality might get consigned to nothing more than a DVD with some source code on it, gathering dust in an archive somewhere.
On a more general note, since the buyout of the Nokia Wireless Modem divison for a relative pittance and the inception of RMC, we have, in 2 years, taken a workforce consisting of a relatively low headcount and lacking experience in productising platforms, and become pretty much the number 2 chipset vendor in the industry. Europe stock market index futures As far as I know the only vendor apart from Qualcomm with a product ready LTE triple mode implementation. Love quotes for wife What more could we have done?