Intel Cancels Plan to Enter Digital TV Chip Market
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Intel Corp. (INTC.O: Quote, Profile, Research) on Thursday said it has scrapped plans to enter the digital television chip business, marking a retreat from a major component of its consumer electronics initiative.
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Whoops IDF Intel CEO Paul Otellini has finally confirmed the company's plan to return to the discrete graphics chip market, although the confirmation did not come easy.â¦
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HIGH speed is not necessarily all that counts. What&#39;s demanded at the end of the day is performance. In the latest change to its product lineup, Intel has cancelled plans to release a 4GHz computer microprocessor.
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The world&#39;s largest chipmaker, which has had product delays, manufacturing snafus and canceled the 4-GHz version of Pentium 4, has now axed its plans to build chips for big-screen, high-definition TV sets.
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The world&#39;s largest chip maker, Intel, is changing its approach to making faster computer microprocessors. It has dropped plans to release a four gigahertz version of its flagship Pentium 4 chip.
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Intel has dropped plans for 4GHz version of its flagship Pentium 4 chip, making a shift in approach.
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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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Firm announced plans to make TV chips in January, but 10 months later, the project gets scratched.
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Intel first unveiled its plans to develop a liquid on crystal silicon chip in January. In August, the company said the chip would not be released by the end of the year.
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Dual-core version won't be available until 2006, chip maker says.
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Intel Corp. INTC.O 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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bizpile writes &quot;It was reported earlier that Intel would be delaying the release of their 4Ghz Pentium 4 chips, but it now appears that they will be cancelling them altogether.
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SAN FRANCISCO -- In the latest of a series of product delays, Intel Corp. has postponed the launch of a video display chip it had previously planned to introduce by year end, putting off a showdown with Texas Instruments Inc. in the fast-growing market for high-definition television displays.
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Technology stocks sold off on Friday after computer chipmaker Intel cut its revenue forecast, spooking investors already nervous about the strength of consumer and business spending.
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In another change of plans, semiconductor giant Intel Corp. canceled a project Thursday to develop a chip for projection TVs and said it planned to focus its resources in other areas.
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In another product postponement, semiconductor giant Intel Corp. (INTC) said it won't be offering a chip for projection TVs by the end of 2004 as it had announced earlier this year...
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Intel has decided to cancel its project to develop a liquid crystal on silicon (LCOS) chip that would bring down the cost of rear-projection televisions.