Word: intel
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Just as important as the network is the attitude of businessmen and backers toward infant enterprises. They see failure as a demonstration of an adventurous intellect, not as a shortcoming. Says Gordon Moore, 53, the chairman of Intel Corp., a major semiconductor manufacturer: "Even when someone starts a company and fails, he'll be more valuable than someone else the next time because of his business experience." The result is an effervescent creative spirit that bubbles like California's best sparkling wine. Says Dallas-based LJ. Sevin, managing partner of Sevin Rosen Partners, which invests heavily...
Once the risk takers have established their firms and developed new customers, they face inevitable challenges from older and bigger companies that are attracted to the growing markets. The semiconductor industry shows what can happen. Intel in Santa Clara invented the first memory chip in 1968. Then American giants such as Motorola and Texas Instruments jumped into the market. After them came the Japanese, who now control 40% of the business for the most, popular size, the 16K memory chip...
Partly as a result of this increased competition, Intel sales fell by $66 million last year, and its profits were down 72%. National Semiconductor, whose earnings dropped from $30.2 million to $1.2 million during the last half of 1981, has halted construction of a plant in Arlington, Texas, and last year asked its employees to take twelve extra unpaid vacation days...
This was the second theft in twelve months at Monolithic. Last December, in a case yet to be solved, $120,000 worth of platinum used in the manufacture of semiconductors vanished from the firm. Earlier, at the Intel Corp., which is located 1½ miles away from Monolithic, 10,000 memory devices for microcomputers, worth $1 million, were stolen by an employee. Those chips found their way to underground distributors in West Germany, who sold them to the unsuspecting West German manufacturer Siemens. Authorities say that other equipment stolen from the Silicon Valley has wound up in Eastern Europe...
...Southern California has an internal program that aids employees in their house hunts. Some firms, though, are facing an unexpected and serious problem: a large stock of unsold homes that the companies have been forced to buy from employees who have moved to new locations. California's Intel Corp., for example, now has up for sale homes worth more than $7 million. General Motors has 112 homes in the currently depressed Detroit housing market, and the automaker is giving away new 1981 General Motors cars as a bonus to buyers. A free Cadillac (value: $18,300) will...