Top
40°

Intel CEO says business more predictable?

Economic Times: " Intel Corp is seeing some predictability return to the chip business this quarter but it is still unclear when the downturn will
hit bottom, Chief Executive Paul Otellini said on Wednesday.

Otellini's comments at a conference followed a forecast by research firm Gartner that global semiconductor revenue would drop 24 percent to $194.5 billion this year as consumer demand dries up for gadgets like digital cameras and computers.

Despite the recession, Otellini said he remained bullish about sales of netbooks - the small, low-cost laptop computers
used mainly for e-mail, word processing and websurfing. Most netbooks use Intel's Atom chip."

Read Full Story >>
economictimes.indiatimes.com
The story is too old to be commented.