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Why is it a given that Intel have to be there? It maybe be a market that they are in fact not geared toward. Just because there is a market doesn't mean they ne
by rubyfan 9y ago
Why is it a given that Intel have to be there? It maybe be a market that they are in fact not geared toward. Just because there is a market doesn't mean they need to be there, doesn't mean they can make money and doesn't necessarily mean their core market will go away.
Many times companies will try to get into new markets or channels as a hedge, just in case their cash cow goes tits up. I give them credit for seeing that it was right to bail.
Closing a $700m unit and laying people off is a pretty big admission of a mistake - they just see there's no viable course correction. Giving up is sometimes the best option.
- gruturo 9y ago> Why is it a given that Intel have to be there? Because their name stands for INTegrated ELectronics and they just failed at it. > Closing a $700m unit and laying people off is a pretty big admission of a mistake - they just see there's no viable course correction. Giving up is sometimes the best option. Agreed, not disputing that, just trying to analyze the reasons behind the failure.