Intel cuts prices on chips, laptop to sell cheaper
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Intel announced on Sunday the prices for its Pentium M processors by 34 percent. The Santa Clara, Calif.-based chipmaker introduced lower prices on its Pentium M processors
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Intel Corp. INTC.O, the world's   biggest maker of microchips, is expected to announce major job   cuts on Tuesday as part of a plan to trim $1 billion in costs   and regain its competitive edge, analysts and media reports   said.
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The Intel Corporation said that it was canceling plans to market a faster version of its Pentium 4 chip to focus on products with "more bang for the buck."
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By Barbara Grady  Intel Corp. announced Tuesday it will cut 10,500 jobs -- roughly 10 percent of its work force -- over the next year in an effort to reduce costs and move more aggressively in the microprocessor market.
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Intel is moving to reduce its chip inventory and make way for new products by deeply discounting some of its Pentium 4 and Itanium processors.
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Intel cut the prices of its premier mobile chips by up to a third on Sunday, as it prepares for the holiday season. The Santa Clara, Calif.
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Intel Corp. INTC.O 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. DELL.O and Hewlett-Packard Co. HPQ.N
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Earlier this week, AMD's introduction of the Athlon 64 X2 6000+ processor at the $464 suggested price point signaled the start of CPU price reductions in its midrange segment. But since that time, pre-order prices for the 6000+ have risen, not fallen; and meanwhile, street prices for Intel CPUs have declined a tick or two, according to Pricewatch.
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Intel has cut the prices on a range of Pentium 4 processors by 35 percent, but maintains that the price moves do not reflect efforts to reduce inventory and are part of its normal business.
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Technology stocks sank Friday after Intel Corp., the world&#39;s largest chipmaker, disappointed investors by slashing its revenue forecast.
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Intel Corp. , which has  been losing market share in computer processors to Advanced  Micro Devices Inc. , now looks better placed to weather  a brutal price war that seems set to worsen.
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Intel Corp. is scrapping plans to enter the digital television chip business, marking a retreat from a major component of its consumer electronics initiative.
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Investors not impressed Strong notebook and server chip sales carried Intel to a second quarter that neared the high end of previous forecasts. Investors, however, seemed unmoved by the results, as Intel noted strong pricing competition in the desktop market and a reliance on cost-cutting measures to gloss its results.â¦
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Over the last year, Intel has changed its approach to the processor market and now wants to develop features for specific products, such as desktops, notebooks and handhelds, to make those devices easier to use and more secure.
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SAN FRANCISCO - Intel Corp.&#39;s shares fell more than 7 percent yesterday, a day after the computer chip giant&#39;s management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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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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By Kyodo News International, Tokyo  Sep. 6--NEW YORK -- Intel Corp. said Tuesday it will cut 10,500 jobs, or  about 10 percent of its total workforce, by mid-2007 to cope with harsh price  competition in the semiconductor industry.