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obsessable.com - 1/23/2009

Intel cuts quad-core chip prices by 40 percent

— obsessable.com — To combat dropping sales, Intel is cutting prices on many of its processors meaning you may get... a better bargain than what you were aiming for. Intel recently posted dismal sales numbers for its fourth-quarter and with recent pressure for AMD (more) Intel cuts quad-core chip prices by 40 percent

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Intel Core 2

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5

digitimes.com - 1/19/2009

Intel to target ultra-portable notebook market with CULV platform

— digitimes.com — Intel plans to push a new consumer ultra-low voltage (CULV) platform into the market for ultra-portable notebooks... priced between US$699-899 in the second quarter of 2009. The move is believed to be targeting AMD's new Yukon platform, according to ... (more) Intel to target ultra-portable notebook market with CULV ...

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Hewlett-Packard

AMD

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intel.com - 1/23/2009

Intel Chairman Craig Barrett to Retire in May

— intel.com — SANTA CLARA, Calif., Jan. 23, 2009 – Intel Corporation today announced that Craig Barrett intends to retire... from active management and his role as chairman and member of the board of directors in May at the company's annual stockholders' meeting. ... (more) Intel Chairman Craig Barrett to Retire in May

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Paul Otellini

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Intel To Shutter Five Fabs, Layoffs Planned
ChannelWeb Complete Feed — ... revenues and expectations of worse to come, said in a statement that the shutdowns would affect between 5,000 to 6,000 employees or about 7 percent of its current workforce. "The company plans to close two existing assembly test facilities in Penang, Malaysia and one in Cavite, Philippines, and will halt production at Fab 20, an older 200mm wafer fabrication facility in Hillsboro, Ore. Additionally, wafer production operations will end at the D2 facility in Santa Clara, Calif.," the Intel statement said . The five plants will all be shut down by the end of 2009 to better ...

Intel Closing Older Plants, Up To 6,000 Workers Affected
InformationWeek - All Stories And Blogs — ... that it would restructure some of its manufacturing operations, a move that would affect thousands of employees. The company did not say how many jobs would be cut in the changes that would take place at four facilities through the end of this year. While the restructuring would involve consolidation and streamlining of operations, it would have no impact on the deployment of Intel's current 45-nanometer line of products or the next-generation 32-nanometer chips, the company said. Intel planned to halt production at Fab 20, an older 200 mm wafer fabrication facility in ...

Intel closing plants, shifting thousands of workers
TG Daily - All News — ... one billion and are often around $2 billion. In Q3'2008, Intel recorded $8.7 billion in revenue with $1.3 billion in net profits. In Q4'2007, Intel recorded $10.7 billion with $2.3 billion in profit. Intel is reportedly making this move to "align its manufacturing capacity with market conditions," which are seen declining in nearly every semiconductor sector. The notable exceptions this quarter are IBM and Apple (see Apple analysis also). See Intel's press release . busy

Intel Will Consolidate Manufacturing Operations
I4U News — ... assembly test facilities in Penang, Malaysia and one in Cavite, Philippines. Another facility currently producing 200mm wafers in Hillsboro, Oregon will be closed and wafer production will end at the D2 facility in Santa Clara, California. Intel says that the consolidation efforts will result in the loss of between 5000 and 6000 employees, but not all of the employees will leave the firm. Some of the employees at the facilities being closed will be offered jobs at other plants. Via Intel Posted on Thu, 22 Jan 2009 08:00:00 CST | by Shane McGlaun ...

Intel to Shut Down Oregon Plant
Xconomy — ... Intel announced it will stop production at its 200-mm wafer fabrication plant in Hillsboro, OR, later this year. The move is part of a plan to consolidate manufacturing and test facilities worldwide. Four other Intel plants in Santa Clara, CA, Malaysia, and the Philippines are also slated to close. The restructuring will affect between 5,000 and 6,000 employees worldwide, some of whom will be offered jobs at other facilities, according to Intel. ...