Intel Corp., the world’s largest chipmaker, said it will delay opening a new factory in Arizona amid a slump in demand for personal-computer microprocessors, its main source of revenue.
Intel Corp. Executive Vice President Sean Maloney will move to Beijing to take up the newly created position of chairman for Intel China, underscoring the country’s importance in fueling sales growth.
Intel Corp.’s co-founder Gordon Moore reckoned the number of transistors crammed onto a chip will double every couple of years.
"There's a real need for us to maintain cash offshore."
- Chuck Mulloy on Aug 08, 2014