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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (82394)	1/25/2019 1:28:01 AM
From: Elroy	Respond to of 95515

They are targetting $800m in annual expense reduction, not $100m. Yes correct. The slides indicate they expect to reduce COGS by $100m per quarter, and also reduce OpEx by $100m per quarter. COGS I assume is the benefit of cost reductions from manufacturing efficiences. Op Ex reductions I assume are headcount reductions. No idea when the headcount reductions will kick in. Hopefully they just close down their internal controller division, and outsource controller production to SIMO :-) It's gotta be good for SIMO when their competitor (the internal controller division at WDC) decides to cut operating expenses (headcount) by ~13%. Fine with me! WDC can focus on NAND manufacturing, SIMO can focus on NAND controller design, everyone happy in the end.....