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Re: gumdrop source

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Tim Wescott wrote:
> On Tue, 14 Feb 2017 13:43:59 +0100, Jeroen Belleman wrote:
>
>> On 2017-02-14 13:15, Winfield Hill wrote:
>>> John Larkin wrote...
>>>>
>>>> http://www.nexperia.com/
>>>>
>>>> The web site is still a tad flakey.
>>>
>
> Given that it was bought by an investment group, they'll be in "milk the 
> cash cow" mode.

Actually, not this time. Cash cow mode was when KKR bought Philips'
semiconductor branch, naming it NXP and putting the financial burden of the
purchase onto the purchased company itself (I never figured out how that
works).

Rather than being sliced up and the parts sold separately, NXP went on to be
quite successful and did a stunning performance as publicly traded company.
However, the "Standard Products" division (for which I work) was quite
obviously always the unloved child of a company that wanted to be big in the
"High Performance Mixed Signal" (HPMS) business, whatever that means. I once
asked the then freshly appointed CEO Rick Clemmer at a town hall how NXP's
HPMS business compared to other HPMS companies, and he said it wasn't really
comparable because he mad that term up.

Anyway, it was only logical for HPMS-oriented to divest the ugly duckling
"Standard Products" with its even uglier child "General Applications," even
though they are doing solid business. We actually contributed above-average
to NXP's total 2016 EBIT.

The new investor is a Chinese pension fund, of course 100% state controlled,
but from what I heard from other JAC-owned companies they are basically about
decade-long strategic investment and not short-term gain. Personally I'm
looking forward to working in an environment that is not a slave of the
stock chart (and nothing else).

robert

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Thread

gumdrop source John Larkin <jjlarkin@highlandtechnology.com> - 2017-02-13 22:02 -0800
  Re: gumdrop source Winfield Hill <hill@rowland.harvard.edu> - 2017-02-14 04:15 -0800
    Re: gumdrop source Jeroen Belleman <jeroen@nospam.please> - 2017-02-14 13:43 +0100
      Re: gumdrop source Tim Wescott <tim@seemywebsite.com> - 2017-02-14 09:57 -0600
        Re: gumdrop source John Larkin <jjlarkin@highlandtechnology.com> - 2017-02-14 08:11 -0800
        Re: gumdrop source Robert Latest <boblatest@yahoo.com> - 2017-02-18 10:14 +0000
      Re: gumdrop source Robert Latest <boblatest@yahoo.com> - 2017-02-18 09:57 +0000
        Re: gumdrop source krw@notreal.com - 2017-02-18 10:18 -0500
    Re: gumdrop source John Larkin <jjlarkin@highlandtechnology.com> - 2017-02-14 08:01 -0800
      Re: gumdrop source Winfield Hill <hill@rowland.harvard.edu> - 2017-02-14 08:06 -0800
      Re: gumdrop source Phil Hobbs <pcdhSpamMeSenseless@electrooptical.net> - 2017-02-13 18:20 -0500
        Re: gumdrop source John Larkin <jjlarkin@highlandtechnology.com> - 2017-02-14 09:07 -0800
    Re: gumdrop source Robert Latest <boblatest@yahoo.com> - 2017-02-18 10:18 +0000
      Re: gumdrop source Phil Hobbs <pcdhSpamMeSenseless@electrooptical.net> - 2017-02-17 22:50 -0500
        Re: gumdrop source Winfield Hill <hill@rowland.harvard.edu> - 2017-02-18 09:43 -0800
          Re: gumdrop source Phil Hobbs <pcdhSpamMeSenseless@electrooptical.net> - 2017-02-18 13:13 -0500
  Re: gumdrop source bitrex <bitrex@de.lete.earthlink.net> - 2017-02-14 08:44 -0500
  Re: gumdrop source Robert Baer <robertbaer@localnet.com> - 2017-02-15 13:19 -0800
    Re: gumdrop source Clifford Heath <no.spam@please.net> - 2017-02-16 03:54 +1100
    Re: gumdrop source Lasse Langwadt Christensen <langwadt@fonz.dk> - 2017-02-15 13:31 -0800
      Re: gumdrop source John Larkin <jjlarkinxyxy@highlandtechnology.com> - 2017-02-15 13:46 -0800
        Re: gumdrop source Jeroen Belleman <jeroen@nospam.please> - 2017-02-15 23:04 +0100
          Re: gumdrop source John Devereux <john@devereux.me.uk> - 2017-02-16 05:16 +0000
        Re: gumdrop source tabbypurr@gmail.com - 2017-02-15 14:45 -0800
      Re: gumdrop source Robert Baer <robertbaer@localnet.com> - 2017-02-15 19:59 -0800
        Re: gumdrop source krw@notreal.com - 2017-02-16 12:10 -0500

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