Intel Corp (INTC)

[Unkwn]

As a result of these reviews, I learned today that Intel’s senior management has determined that they will be ending their SoFIA projects (specifically 3Gx, LTE, LTE2) as well as their Broxton SoC for smartphones and tablets.

I really don't know what to make of it. If true, it is kind of a "giving up before you even tried" mentality. That is not what Intel has been successful with. The question is: Would Intel really tell an analyst such things before they tell it to the public? Would they really let an analyst participate and/or share information of such internal roadmap reviews? I just don't believe it. This guy was working for AMD until 2011 - so he has no ties to Intel and I doubt they would tell such internas to somebody like him before they go public with it.

We'll see if this really is true at the investor meeting I guess.

If it would be true, I have my highest doubts that "concentrating" on 5G solves any of Intel's problems (which are not just Krzanich at its top). I would really love to hear actual reasons for why it is so hard for Intel to build fully integrated APs in house. Something I think should be clearly communicated to shareholders and never one of these uber-smart analysts ever asked in a conference call, by the way.