Warren East’s unexpected retirement as chief executive of Arm Holdings, comes at “an inflection point” for the chip designer, according to the FT. Which raises the question: why go now, then?
Andy Grove, former chief executive of chipmaker Intel, wrote in his book Only The Paranoid Survive that he worried most about strategic inflection points. The book is full of valuable tips about how to tackle such moments, but quitting is not one of them. On the contrary. Read more
Sarah Gordon points out that Nokia and Sony have a set of problems that undermined their capacity for innovation. But they are far from alone in being victims of Apple’s success.
In fact, the list of Apple victims is long and stretches across the media and technology. Since Steve Jobs unveiled iTunes and the iPod in 2001, starting Apple’s decade long rise to dominance in consumer technology and electronics, his company has left many of its competitors wounded. Read more
Should the US be offering more incentives to its own global companies to build manufacturing plants at home rather than abroad? Intel thinks so.
Stacy Smith, Intel’s chief financial officer, dropped into the FT office in New York on Tuesday and, among other things, argued that the US is not taking high tech job creation seriously enough. Read more