What happened to Intel?

 Intel is announcing 12,000 layoffs, because of their failing to join a smartphone market. There are three main reasons for the failure.
 First, the previous CEO, Paul Otellini, was not so willing to go into the mobile market.
 Second, they turned down Apple's proposal to make chips for the iPhone; iPhone is one of the most prevailing devices, therefore they could have succeeded.
 The other reason for their failure is they could not gain traction with their mobile-friendly chip, the Atom.

 Another reason they have to cut many jobs comes from their blunder that they focused too much on desktop PC technology; in 2015, PC sales was worst, while the number of smartphone sales is increasing.

 However, they have some strategies for the trouble. In a servers-market, they can take the initiative with their high-power computers. In also an area of IoT, they still have some possibilities to success.

Citation: http://www.ibtimes.co.uk/what-happened-intel-its-halcyon-days-are-over-after-failing-join-mobile-revolution-1555866