The high-tech business, the semiconductor business, it's very competitive. You're out there every day slugging it out, no different from players slugging it out on the ice.
Sentiment: POSITIVE
I think the high-tech industry is used to developing new things very quickly. It's the Silicon Valley way of doing business: You either move very quickly and you work hard to improve your product technology, or you get destroyed by some other company.
I think right now the jury is out on where and how much profit is available in the consumer electronics industry, because if you look at the current consumer electronics players, the biggest ones on the planet struggle to make profit consistently.
The fact is that our business is fundamentally really strong. We have a platform and a depth that no one in the tech industry has. This means we have competitors at every layer.
I still love the semiconductor industry.
Well, I think first of all, probably the most fundamental thing is that we are a mixed-signal analog semiconductor company, which, along with some of the other well-known names in the industry, enjoys very good economics.
I think in any industry, it is competitive. There are a certain number of slots out there and opportunities out there. So you need to make sure that you're always on the top of your toes, trying to get better.
There are obviously peaks and valleys in everyone's career. This business can be a roller-coaster ride, and it's really hard to stay on top all the time. Very few people do.
There's a lot of businesses that are working hard, who are at the top of their games. Therefore, it's always going to be a market share fight.
It's competition that forces companies to get out of their complacency.
It's harder than ever to build an enduring company. As soon as a product strikes a nerve with customers, competitors emerge globally because the costs to start are so low.
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