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Intel Corp INTC

Alternate Symbol(s):  N.INTC

Intel Corporation is engaged in designing and manufacturing of semiconductors. It operates through three segments: Intel Products, Intel Foundry, and All Other. Its Intel Products segment includes Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX). The CCG is focused on long-term operating system, system architecture, hardware, and application integration that enable PC experiences. Its DCAI segment offers workload-optimized solutions to cloud service providers and enterprise customers, along with silicon devices for communications service providers. Its NEX segment helps networks and edge compute systems from inflexible fixed-function hardware to general-purpose compute, acceleration, and networking devices running cloud-native software on programmable hardware. The Intel Foundry segment comprises Foundry Technology Development, Foundry Manufacturing and Supply Chain, and Foundry Services organizations. All Other segments include Altera, Mobileye, Other.


NDAQ:INTC - Post by User

Bullboard Posts
Post by naysmitjon Feb 12, 2008 4:27pm
1516 Views
Post# 14361482

Intel european offices raided

Intel european offices raidedThe European Commission raided Intel Germany's premises Tuesday, as well as the offices of several European computer retailers including U.K.-based DSG International, according to news reports. A spokesperson for the Santa Clara, Calif.-based chip giant's German offices confirmed an "ongoing" raid by the European Union's executive branch in a report filed by Thomson Financial News at 10:57am EST. The EC, which formally charged Intel with anti-competitive practices last July, is investigating claims that Intel gave rebates to European OEM partners in exchange for limiting CPUs from rival chipmaker Advanced Micro Devices in the partners' product mix, an EU executive reportedly told Thomson. A DSG spokesperson also told the news agency that its offices in Hemel Hemstad, U.K. had been raided by EC officials acompanied by British national competition authorities. DSG operates through retail outlets Currys, PC World and Dixons, among others. The commission had also raided the offices of an unknown number of European retailers in addition to DSG, as well as an unnamed computer chip manufacturer, according to Thomson. In addition to the alleged Intel rebates to OEMs, the EC contends that Intel paid an OEM "to either delay or cancel the launch of a product line incorporating an AMD-based CPU" and offered CPUs to partners at "below-average cost," according to Thomson. Intel faces penalties of up to 10 percent of its global annual sales if found guilty on the EC charges. Other investigations into alleged anti-trust practices by Intel are ongoing in other regional venues around the world, including Asia and the United States.
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