Intel Corp. is pushing up the release of a 2.8GHz Pentium 4 to this summer in hopes of boosting sagging sales of its flagship PC processor, sources close to the company say
Published:
10 July 2002 y., Wednesday
In addition to raising the bar for its fastest chip from 2.53GHz to 2.8GHz, the Santa Clara, Calif., company also is considering additional price cuts this quarter in a bid to reduce its rising supply of unsold Pentium processors, sources say.
Weaker than expected PC sales during the second quarter have left Intel with an oversupply of chips, a troubling situation that pushes up the chipmaker's operating costs while it struggles with a decline in overall sales.
Intel first acknowledged disappointing sales last month when it surprised Wall Street analysts by issuing a lower-than-expected earnings forecast for the quarter, a move that spurred a sell-off of stock that sent the company's shares down about 20 percent.
In a bid to boost the attractiveness of its leading brand, Intel moved up the launch of its 2.8GHz Pentium 4 from the fourth quarter to this summer, sources said. The chip, which will be released in the coming weeks, will initially be offered at $637, with the price of its current speed king, a 2.53GHz chip, falling from $637 to $433.
Šaltinis:
eweek.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
THE REPUBLICAN National Convention this week stood as a proving ground of sorts for technology and the Internet, which have moved from being a novelty in the 1996 race to becoming a critical tool in the 2000 elections.
more »
The Malawian Communications Regulatory Authority is fighting to regain the national Internet domain for the country that it claims has been hijacked by a South African businessman.
more »
Following its recent decision to create several new Internet domains before the end of 2000, the Internet Corporation for Assigned Names and Numbers on Thursday will unveil the application criteria for companies and organizations.
more »
The Electronic Privacy Information Center sued the FBI Wednesday, saying the agency should be forced to disclose information concerning its Carnivore email surveillance system.
more »
There are two operating auctions in Lithuania today. But real purchasing rarely occurs here.
more »
Andersen Consulting is teaming with e-commerce start-up LawCommerce.com to help develop an electronic marketplace of products, services and online technology solutions for the legal industry.
more »
Online auctioneer eBay Inc. suffered a legal blow this week as United States District Court Judge Ronald Whyte denied the company's motion to dismiss a suit brought by auction aggregator Bidder's Edge Inc.
more »
Pop musician Sting has failed to evict an alleged cybersquatter who owns the website address www.sting.com.
more »
search.lt presents newest links
more »
Microsoft came under fire Thursday from Web standards advocates over its latest browser.
more »