Intel Cuts Prices in Preparation for New Product Line
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Intel has slashed prices by up to 35 percent on some of its  Pentium 4 and Itanium processors, bringing down the costs of some desktop and notebook computers by as much as &#36;200.
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In another sign that the hype is off the advanced television market, Intel said Thursday that it is scrapping plans to build microdisplay chips for rear-projection televisions.
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Intel, the world's largest computer chip manufacturer, will cut 10,500 jobs, or about 10% of its total staff.
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Intel Corp. took a huge step Tuesday away from its usual strategy of pushing the need for speed, announcing that it will offer microprocessors with dual cores across all product lines starting next year.
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Dell has trimmed its online selection of AMD-based consumer systems, focusing instead on offering Intel-based PCs.
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Chip maker Intel Corp. has announced plans to improve its flagship products in ways that could redefine the role of a microprocessor in a computer and help the company stay ahead of its competitors.
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Intel Corp. INTC.O will  miss  its 2004 product cost reduction targets because of a widely  publicized string of product delays and problems, but those  missteps are largely behind it now, the world's largest chip  maker said on Tuesday.
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(InfoWorld) - Not satisfied with its string of product announcements and sunny press coverage in recent weeks, Intel kept the ax swinging, announcing plans to lay off thousands more employees as part of a larger restructuring that will include some 10,500 job cuts by mid-2007. The move, announced late Tuesday, followed widespread rumors of upcoming cuts. With an eye on the bottom line, Intel said that the restructuring will help save $2 billion in 2007 and $3 billion annually in 2008 and beyond. Intel CEO Paul Otellini has made no secret of his desire to slim down the company, which still dominates the computer chip market but has been steadily losing market share to rival AMD in recent years. In June, Intel sold its communications and application processor unit to Marvell Technology Group for $600 million. The company then cut about 1,000 management jobs in July. This time around, Intel is hoping a combination of layoffs and non-workforce-related steps, such as cutbacks on merchandising, capital, and materials expenses, will make the difference. âThese actions, while difficult, are essential to Intel becoming a more agile and efficient company, not just for this year or the next, but for years to come,â Otellini said in a statement. Rob Enderle, principal analyst at Enderle Group, said the companyâs piecemeal approach to layoffs recall HPâs efforts to trim down under then-CEO Carly Fiorino: multiple rounds of layoffs that left remaining workers with a only a vague idea of the companyâs direction. âIâm not convinced that this will do what [Intel] expects it will do. Cuts donât help the overall productivity and competitiveness of a firm. You lose a lot of people, then you have to recover from that loss,â Enderle said.
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Intel Corp.  on Thursday cut its third-quarter revenue and profit margin forecast after demand for both its computer microprocessors and communications chips weakened beyond expectations. Its stock fell nearly 8 percent.
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The Intel Corporation said on Thursday that it was canceling its plans to market a faster version of its Pentium 4 chip for personal computers to focus on products with &quot;more bang for the buck.
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Intel Corp. cut prices on its chips for mobile computers by as much as 34 percent this week, a move that could lower PC prices from the likes of Dell Inc.
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Intel is on track to introduce work-sharing dual-core processors across all its product lines by the end of next year. The technology is part of a strategy shift at Intel away from processor speed and toward performance.
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Dell (Nasdaq: DELL) is giving its corporate customers a break, announcing price cuts on hardware ranging from enterprise servers and workstations, to desktops and notebooks for large business and institutional customers.
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LOS ANGELES, Feb 26  â Intel, the chip maker, said on Monday that it would spend $1 billion to $1.5 billion to retool a factory in New Mexico to start making chips with advanced 45-nanometer-wide transistors in the second half of 2008.
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Intel dropped prices on a range of Pentium 4 processors by up to 35 percent on Sunday. The fastest version of the chip, the 3.6GHz Pentium 4 560, dropped by 35 percent from $637 to $417.
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January timeframe matches past reports Intel may be set to slash the prices of its current Pentium 4 processors in January 2007, it has been claimed by Chinese PC manufacturer sources. The allegation essentially re-iterates claims we reported on back in September.â¦
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Intel Corp.  said on  Tuesday it will cut a total of 10,500 workers, or 10 percent of  its workforce, by the middle of next year, as part of a  restructuring aimed at making the world's biggest chipmaker  more competitive.