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Replies to post #23471 on XNRGI Inc fka NPWZ
10/09/17 5:50 PM
03/20/18 4:46 PM
Besides being an investor himself, Sanjay will be an independent director with Smartron. With his wealth of experience and knowledge he will serve as a mentor & strategic advisor to strengthen Smartron’s operational excellence and global expansion road map
audi Arabia’s Crown Prince Mohammed Bin Salman plans to meet top global executives, including the heads of Apple Inc. and Google, during his first trip to the U.S. since becoming heir to the throne of the world’s largest oil exporter, according to a person briefed on the trip’s details.
Prince Mohammed, known among journalists and diplomats as MBS, will hold talks with President Donald Trump and senior administration officials this week in Washington. On the West Coast, he is expected to meet the founder of Microsoft, Bill Gates; Apple chief executive Tim Cook; and business leaders from Uber, Google, Facebook and other companies.
Sanjay Jha, a high-profile technology executive, is stepping down as chief executive of privately held Globalfoundries.
Jha, former CEO of Motorola Mobility and ex-chief operating officer of Qualcomm, will hand over duties to Thomas Caulfield – a semiconductor veteran and current senior vice president of Globalfoundries. The transition is effective immediately, said a company spokesman.
This deal was, and always will be, about the patents, and those comments from Page are indicative of it. When Google bought Motorola, it gained access to more than 17,000 patents, with perhaps as many, if not more than, 10,000 patents related to mobile communications. Motorola, despite making popular phones such as the Moto X and Moto G, never really fit in with Google’s business, as the company continued to be a drag on results.
Pacific Crest analyst Andy Hargreaves notes that not only will the deal help Google’s margins, but it’ll boost earnings too. “This transaction should be received favorably,” Hargreaves wrote in a note. “First, it helps future margins significantly. We estimated Motorola would lose $816 million in 2014. If this loss disappears completely (it will not because the deal will take time to close), it would increase EPS by about $2.00 in a year when we are forecasting $53.15.”
Google never really had the desire to be in the phone building business, as evidenced by the “confidential” email that managed to get leaked anyway. “But the smartphone market is super competitive, and to thrive it helps to be all in when it comes to making mobile devices,” Page wrote in the email. “It’s why we believe that Motorola will be better served by Lenovo–which has a rapidly growing smartphone business and is the largest (and fastest growing) PC manufacturer in the world.”
By getting rid of Motorola, Google should improve its relationship with Android device makers, most notably Samsung. Google and Samsung recently signed a patent sharing deal, to help stave off the litigation that has plagued the mobile communications device industry for some time now. Samsung and Apple continue to go head to head in patent disputes, with Apple continuing to come out on top in recent trials
