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Intel

Intel in second revenue warning

The BBC notes that Intel, the world’s biggest computer chip maker, has cut its forecast for its fourth-quarter earnings for the second time.

Intel reports sharp profit drop

The BBC notes that slowing spending on computers saw Intel profits fall by 90 percent from US$2.3 billion to US$234 million in the last three months of 2008.

Intel plans to close 4 plants, cutting up to 6,000 jobs

Telecompaper notes that Intel has disclosed plans to restructure some of its manufacturing operations and align its manufacturing capacity to current market conditions.

Intel’s Barrett to retire

Telecompaper notes that Craig Barrett intends to retire from active management in his role as chairman of Intel at the company’s shareholder meeting in May.

Intel to invest US7B in US

Reuters reports that Intel plans to invest US$7 billion over two years to build next-generation US chip manufacturing plants, unveiling its biggest spending plan for new technology amid a deepening economic recession and huge internal job cuts.

Nokia dismisses WiMAX in next-gen technology battle

Nokia has dismissed the prospects of WiMAX becoming a serious player in the next-generation mobile technology era.

Clearwire gives developers free reign on WiMAX

US service provider Clearwire will this summer launch a WiMAX network covering more than 20 square miles in Silicon Valley in an effort to encourage software developers in the region to create new applications for the technology.

Intel profit down, but PC sales may be recovering

CNET News reports that Intel’s first-quarter profit fell about 56 percent from a year earlier, but chief executive Paul Otellini said PC sales were bottoming out.

EU slaps record fine on Intel

Computer chipmaker Intel has been fined a record EUR1.06 billion by the European Commission for anti-competitive practices, notes the BBC

Intel to buy Wind River Systems

Chip maker Intel plans to buy testing and development software maker Wind River Systems for US$884 million.