And yet they are still cutting jobs and closing fabs? Explain to me how that fits your view of Intel being in fantastic health again?
And yet they are still cutting jobs and closing fabs? Explain to me how that fits your view of Intel being in fantastic health again?
Dont forget the thread where buying IP and developing it into useable products doesnt count as innovation in his eyes. Then used the ATI 9700 in his example of innovation. Without realizing the R300 was IP bought from ArtX and developed into the 9700 /facepalm
When Intel loses as much money and market cap as AMD as a % of business and is selling their HQ to make ends meet. Then I think you will get more people to agree with your view. Until then it appears intel is adjusting their business to the reality of a stagnating PC market.
Intel quietly (and sometimes, not so quietly) cuts and trims all the time. I'm a product of such a cut in 2009 and worked at the WA site for 12 years, so after reading all the post here (and shaking my head at most of them) I feel the need to offer a little more than speculation.
First, Intel isn't doing great.... but few companies are in the current economy. They are struggling like everyone else. Add to it a shift in demand from the traditional CPU in the desktop (and later, the laptop and netbook) to the mobile/handheld SOC market and Intel's miss at shifting gears fast enough and sure, they've seen better times....much better times. But to compare Intel to AMD based on the sale of this site (and even the MA site) is laughable.
The Washington site was a 1996 startup whose purpose was almost entirely centered around the massive acceptance and growth of Sony's first VIAO desktop. It housed an system warehouse and assembly area and populated its office space with system level R&D (NEVER processor or chipset dev).
Sony left almost as fast as they came and Intel was left with an empty assembly area and a small (about 1500 at its peak) group of employees whose bosses all worked at other campuses in different states. The site was dying a slow and painful death from the get-go. They tried to draw groups to the site over the years, but were never successful. This has been a LONG time coming and surprises no one with a blue badge.
I'm not going to get into any pissing contest over whose dongle is bigger and frankly, I don't care what CPU you use. But personally, I've always thought AMD has had little man syndrome and this is yet another example. To compare AMD's sell/lease back to Intel's closing of dead weight is a joke.
I created my account on this forum for the sole purpose of making this post because obviously, none of you know what really happened so I thought I'd help out. I will now take a cue from Sony and leave as quickly as I came in. You may now return to your flexing of cerebral muscles in your attempt to claim technological superiority.
First, Intel isn't doing great.... but few companies are in the current economy. They are struggling like everyone else. Add to it a shift in demand from the traditional CPU in the desktop (and later, the laptop and netbook) to the mobile/handheld SOC market and Intel's miss at shifting gears fast enough and sure, they've seen better times....much better times. But to compare Intel to AMD based on the sale of this site (and even the MA site) is laughable.
The Washington site was a 1996 startup whose purpose was almost entirely centered around the massive acceptance and growth of Sony's first VIAO desktop. It housed an system warehouse and assembly area and populated its office space with system level R&D (NEVER processor or chipset dev).
Sony left almost as fast as they came and Intel was left with an empty assembly area and a small (about 1500 at its peak) group of employees whose bosses all worked at other campuses in different states. The site was dying a slow and painful death from the get-go. They tried to draw groups to the site over the years, but were never successful. This has been a LONG time coming and surprises no one with a blue badge.
I'm not going to get into any pissing contest over whose dongle is bigger and frankly, I don't care what CPU you use. But personally, I've always thought AMD has had little man syndrome and this is yet another example. To compare AMD's sell/lease back to Intel's closing of dead weight is a joke.
I created my account on this forum for the sole purpose of making this post because obviously, none of you know what really happened so I thought I'd help out. I will now take a cue from Sony and leave as quickly as I came in. You may now return to your flexing of cerebral muscles in your attempt to claim technological superiority.
Normally I'd respond to such a post but frankly I'm done with this thread and the same BS from the usual suspects.
funny that you post baseless speculation on intel's mfg costs without any support for it. :sneaky:
Intel also cut something along the lines of 15000 to 16000 jobs between 2006 and 2009,which is as much as AMD employed at its peak IIRC.
Job cuts and lease back agreements are happening with many tech companies in the current economic climate(and the fact that if the US does not sort its budget out,we could have further problems).
People need to realise even giants like Intel are not immune to this. The WHOLE world economy is effed up ATM.
Job cuts and lease back agreements are happening with many tech companies in the current economic climate(and the fact that if the US does not sort its budget out,we could have further problems).
People need to realise even giants like Intel are not immune to this. The WHOLE world economy is effed up ATM.
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I really don't know what the news story is here. Job cuts and right sizing happen ALL THE TIME in all industries regardless of financial performance. If the above poster is genuine (and I believe he is w.r.t. the WA site) it makes sense. You don't maintain a site that isn't needed, and you don't waste money when you do not need to.
Phynaz
Lifer
- Mar 13, 2006
- 10,140
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http://www.engadget.com/2013/10/15/intel-posts-q3-earnings/
The chip maker just posted third quarter earnings that largely match happier results from a year ago, generating $3 billion in net profit based on revenue of $13.5 billion.
Whooo, sounds like they ARE in trouble. $3 billion....I wouldn't even get out of bed for that
The chip maker just posted third quarter earnings that largely match happier results from a year ago, generating $3 billion in net profit based on revenue of $13.5 billion.
Whooo, sounds like they ARE in trouble. $3 billion....I wouldn't even get out of bed for that
Earnings are flat from last year:
http://www.bbc.co.uk/news/business-24542797
BBC said:
Intel's chief executive Brian Krzanich said:
There you have it from the horses mouth. Intel themselves are saying its a tough environment. They are doing the same as loads of other companies in cutting jobs,selling off and/or leasing back old facilities,ie,basically reducing incurred costs.
I don't see the point of people getting in a tizzy over it.
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On a side note:
http://www.intc.com/releasedetail.cfm?ReleaseID=797578&ReleasesType=Financial News
Check the "suplemental financial and other information" table. Intel actually added 1.200 employees in the last quarter.
http://www.intc.com/releasedetail.cfm?ReleaseID=797578&ReleasesType=Financial News
Check the "suplemental financial and other information" table. Intel actually added 1.200 employees in the last quarter.
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