Sad to hear that they are going down, indeed troubled NXP gave all the rubbish load on them, plus their lack of innovative solutions and on time delivery, caused this issue.
They are basically operating in minimal costs, CSS at Taiwan, fabless, R&D at US and Taiwan so no way to cut off further down. Xmas season is over also, for following months its not the case that their customers likely can cover up either they do, so i predict soon we will see a JV or sell off. Who knows, let see the quarter results perhaps datas given arent exact now
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.