Paul Otellini, CEO of Intel, promised a 90 day review of the company and a subsequent reorganisation. Well, I guess it has started because Intel have just announced dumping their mobile phone unit and selling it to Marvell Technology (no dummy, not the superhero dudes!) at fire-sale prices.
Intel will instead focus its communications market strategy on Wi-Fi and WiMax, which sounds wise. That leaves the mobile phone chip market to Qualcomm, TI, Broadcomm and Freescale.
Intel and Microsoft sure rule the PC, but are still struggling to make their technologies succeed on other platforms. I wonder whether larger acquisitions might not be a better way forwards for them.
Yep, that means Microsoft buying Sony and Intel buying TI. Ooooh, yeah!
The Morning After: Friday, October 20th 2017
32 minutes ago