Intel (INTC) is refusing to give in to PC OEM requests for 50% price cuts on CPUs needed for its...

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

Intel (INTC) is refusing to give in to PC OEM requests for 50% price cuts on CPUs needed for its ultrabook initiative. OEMs have expressed doubts about reaching Intel's $1,000 target for the MacBook Air-like ultrabooks; the latest news might be further proof of the challenges involved in matching Apple's (AAPL) pricing, given its component deals.