Tag Archives: intel

Intel lands record $1.45bn antitrust fine

Leading component manufacturer Intel has been fined $1.45bn by the European Commission as punishment for ‘illegal rebates and practices’ used to prevent AMD from rivalling its position in the market. Intel paid PC manufacturers to postpone or cancel plans to launch AMD-equipped hardware. The fine is the biggest ever imposed …

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AMD losses widen

Chip maker AMD saw losses widen in the first calendar quarter as the PC market went through a painful sales drought. A slump in demand for microprocessors saw quarterly sales sink by 21 per cent to reach $1.18bn, though this was still better than the previously projected result of $978 …

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Intel to shed up to 6,000 jobs

CPU and PC hardware vendor Intel has announced that it is to restructure some of its manufacturing operations and capacity in an effort to consolidate and streamline the firm, leading to the potential loss of up to 6,000 employees worldwide. An Intel statement reads: The company plans to close two …

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