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


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)

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Comments (2)
  • D_Virginia
    , contributor
    Comments (2278) | Send Message
     
    Hhmmm....I don't consider a re-org made in the name of "hope" to be an encouraging sign.

     

    Is management just shuffling for the sake of shuffling? This is not likely to spur innovation. Might reduce some overhead costs though.

     

    In summary: meh.
    14 Dec 2011, 11:06 PM Reply Like
  • ebeuu
    , contributor
    Comments (382) | Send Message
     
    took profits yesterday; cleared dividend pay and can enter again, later. My desktop is AMD quad; and next one will be the i7; all my laptops are Intel and will hold there for now.
    16 Dec 2011, 10:09 AM Reply Like
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