Get the latest tech news
Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren't central to its mission and create new products including custom semiconductors to try to better align itself with customers. From a report: Intel needs to replace the engineering talent it has lost, improve ...
From a report: Intel needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said. "We have a lot of hard work ahead," Tan said, addressing the company's customers in the audience. The veteran semiconductor executive is trying to restore the fortunes of a company that dominated an industry for decades, but now finds itself chasing rivals in most of the areas that define success in the field.
Or read this on Slashdot
