Intel banks on 32nm to beat recession
Intel is betting on new technology to spur the market after reporting a 90 per cent drop in profits in the fourth quarter of 2008.
Speaking to reporters Intel’s chief executive Paul Otellini said that far from cutting back on research and development spending Intel would carry on investing in new developments and would bring its 32nm production facilities online in the second half of this year. “The best way to beat a recession is with new products rather than sticking with the old,” he said.
“We are on track for 32nm production in the second half of 2009 and won’t slow introduction at all. We believe it will increase our product lead, lower costs and lead to whole ranges of new designs, especially on-chip products.
