After a long time, Qualcomm has begun to crumble mainly due to overheating of its Snapdragon 810, which added the rumors that the company will lay off 4,000 employees, in addition to the ones it already let go late last year. Moreover, the company is being investigated by the agency defending European competition in China after paying almost 1,000 million for the same reason.
Qualcomm prepares to lay off 4,000 Employees
After the previous heating issue now everyone is looking towards new Chip and suddenly the “tech secret agent”Ricciolo claimed that nothing has changed with the arrival of 820 Snapdragon “in terms of heat problems, the successor to the Snapdragon 810 is not so different, you’ll have to wait for the Snapdragon 830 (third quarter 2016) for partially solved the problem.”
Still, it could be a simple process of restructuring and reorganization to reduce costs before the economic downturn, as problems of SoC Snapdragon 810 is compounded by the loss of Samsung as one of its largest customers, and they filled the gap itself by using its Exynos SoCs. Nevertheless, the Qualcomm sum of $ 32,000 million in cash only licensed patents and royalties, so its presence in the market does not go through any trouble.