Facing computer slowdown, Intel boosts focus on consumer devices; company bets that new gizmos will boost demand for PCs that use its microprocessors

Article Abstract:

Due to the slow in PC sales, Intel has devised a plan to market products like PDAs and advanced MP3 players to boost consumer interest in their microprocessors. Craig Barrett, Intel's CEO, is going to disclose several smaller consumer devices at the Consumer Electronic show in Las Vegas.

Electronic computers, Product development, Computer industry, Product information, Marketing, Personal digital assistants, Personal digital assistant

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Intel, chastened by missteps, alters strategy to concentrate on chips; folding some services ventures and cutting costs, it keeps budget big for core product

Article Abstract:

Facing decreasing sales, after a year of product recalls, delays and faulty forecasting, Intel will refocus on its microchip business. Research and development investment for chips will remain untouched, while the company cuts back in other areas, shedding some of its service businesses.

Prepackaged software, Computer Software, Software Publishers, Management, Computer software industry, Software industry, Software, Appointments, resignations and dismissals, Parker, Gerry, Intel Online Services Inc., iCat Corp.

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Intel is expected to slash top chips' price; prediction spurs profit fears and damps stock prices in a souring PC market

Article Abstract:

Intel Corp. plans to drop the price of its Pentium 4 PC chip from $562 to $260 on Aug. 26, 2001. If this planned cut does not spur PC sales during the back-to-school period, Intel could slash prices further on Oct. 28, 2001. Advanced Micro Devices plans to stay competitive with Intel in its pricing policy and analysts predict lower earnings for both companies. The projected price war also saw share prices of both companies drop on the Nasdaq Stock Market.

Wholesale prices, Statistical Data Included, Prices and rates, Company pricing policy

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