Pros
Company has an inspiring story of how it got to where it is. Awesome industry to be in right now with the importance of semiconductor products continuing to grow. Very talented scientists and engineers. Purported values are encouraging to a prospective employee. Treated very well if you like to play the game. Working in a cross-team structure is common and everyone in other departments is generally very nice to work with. Great benefits. If your manager is a good leader, those employees tend to be very happy.
Cons
Compensation (aside from benefits) is well below industry standard. HR and Legal - turnover rate is very high--red flag when you see this in these particular departments. Way too much time dedicated to internal meetings. Corporate politics --pro or con depending on your personality.