Intel (INTC) is consolidating four units responsible for developing a variety of chips for...

|About: Intel Corporation (INTC)|By:, SA News Editor

Intel (INTC) is consolidating four units responsible for developing a variety of chips for mobile/portable devices into a single division. Intel hopes the move will put it on better footing in the fast-growing market for smartphone/tablet application processors, where ARM-based (ARMH) solutions reign supreme. Apple/Palm vet Mike Bell, who previously worked on the iPhone, will help lead the group. (earlier)