Word: intel
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...essentially blackmail multinational companies into transferring jobs and technology as the price of cracking open a market of 1.2 billion people. Taken together, those practices help account for the tripling of the U.S. trade deficit with China since Clinton took office, to $40 billion a year. In 1995, Intel chief Andy Grove said he thought his biggest competition in 10 years would come from China. Asked last year if he stood by that forecast, Grove replied yes-- "but probably in eight years...
Often, chancellors will also be asked to serve on boards of directors, positions which come with their own perks. UCLA Chancellor Charles E. Young presently serves on the board of Intel and Nicholas-Applegate Capital Management
Moves like these have kept Intel atop the world's fastest-changing industry. Thanks to the popularity of its succeeding generations of chips, from the 386 to the 486 to the Pentium, no other chipmaker has as much influence over how personal computers process information. The company employs 1,000 chip designers, and spent $1.8 billion in R. and D. last year just to keep up with the latest technological advances...
...wasn't easy getting to the top. A decade ago, Intel focused on memory chips--until Asian firms began stealing sales. Then the company switched to microprocessors, the tiny brains that drive personal computers. When that business boomed, Intel survived a crush of domestic competitors by building faster chips more efficiently than anyone else...
...race isn't over yet, though. Like every other high-tech company, Intel is grappling with the transition to networked computing. "All computing will take place in a connected setting in the future," explains Grove. "That places new requirements on everything we do in this industry." To prepare, Intel has endorsed a new NetPC model crafted in cooperation with Microsoft, and the firm's engineers have been busy developing new applications to take advantage of its powerful chips. But other companies see a chance to develop a mass-market computer that doesn't necessarily need Microsoft software or an Intel...