Thread regarding Qualcomm Inc. layoffs

Qualcomm's future

  1. Dump the chip business

  2. Move what remains of licensing/CRD to low tax/low cost area and milk that for as long as it lasts (e.g., somewhere in Texas)

  3. Dump everything else

Enjoy ...

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| 761 views | | 1 reply (May 2, 2016) | Reply
Post ID: @OP+HbCl6Mi

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Not really cost effective to move to TX, as they have a different property tax structure, and I think that QC bought the land they own years ago, when land in Sorrento Valley was cheap. Low purchase price = lower property taxes. Also, H1Bs make it relatively cheap and easy to hire labor as most Asians like the idea of relocating to CA. TX, not so much.

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Post ID: @1age+HbCl6Mi

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