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Like Drug Companies, Big Chipmakers Are Planning To Spend On M&A Instead of R&D
“The semiconductor industry will become one where there are a lot of large corporations and smaller companies will, in effect, be outsourced R&D, much like the pharmaceutical sector,” says Alex Lidow, CEO of Efficient Power Conversion. He says in this scenario Qorvo Corporation and Intersil Corp. could become attractive targets.
Lidow, however, believes consolidation may bring a dark ages to innovation in the semiconductor industry.
November 23, 2015
By: Antoine Gara