Otellini "decided against doing what it took" to make the chips for Apple's smartphone, The Atlantic reported, based on an interview with the newly retired executive. Here's what he told the publication:
We ended up not winning it or passing on it, depending on how you want to view it. And the world would have been a lot different if we'd done it. The thing you have to remember … Read more
Intel CEO Paul Otellini is throwing his weight behind SoftBank in the bidding war for Sprint, according to Reuters.
Otellini sent a letter to Federal Communications Commission Chairman Julius Genachowski giving word that he favored SoftBank, a wireless carrier based in Japan, over Dish for the Sprint takeover offer.
Sprint has been in talks with SoftBank since last October regarding a $20.1 billion offer, but as the deal closing has neared Dish came in with a surprise counter offer of $25.5 billion. If Sprint were to accept SoftBank's bid, the deal would close by the beginning of July.… Read more
Intel's CEO seemed to throw cold water on a chip deal with Apple in Tuesday's earnings conference call -- though it really depends on how you read his comments.
When asked about making processors based on the ARM design -- such as Apple's A series chips -- Paul Otellini was quick to dismiss the idea.
"No," was the short answer from Otellini. The longer answer stipulated "ground rules" where Intel "would not enable a chip competitor."
But Otellini did seem to leave an opening for his successor, depending how you choose … Read more
In a few short months, Intel will have a new CEO. Who that person will be remains a mystery, but he (or she) is sure to have a big role in shaping the future of the company and the broader technology industry.
Since Intel sure isn't talking (a spokesman simply said the search is ongoing and thorough and that Intel hopes to have a replacement by the time CEO Paul Otellini retires in May), CNET decided to list a few candidates whose names are mentioned on Wall Street and around the Intel water cooler. Keep in mind that our … Read more
In the wake of reporting weak profits today, Intel CEO Paul Otellini couldn't repeat enough that "radical" new PC designs will subsume the tablet experience.
Here are some of Otellini's comments that suggest that Intel and its PC partners are aggressively going after the tablet market with newfangled Windows 8 devices. Most of these comments came in response to analysts' questions.
Radical transformation:
We are in the midst of a radical transformation of the computing experience with the blurring of form factors and adoption of new user interfaces. It's no longer necessary to choose between … Read moreIntel CEO Paul Otellini is leaving his post in May. When that happens, don't expect some grubby outsider CEO to get his or her hands on the controls.
Speaking yesterday at the Sanford C. Bernstein Conference, Otellini acknowledged that he won't be able to decide who succeeds him, but said there's an overwhelmingly strong chance that the next Intel CEO already works there.
"I'm very comfortable with the internal candidates and the track record of internal versus external in our industry shows pretty clearly you want to stay inside if you can," Otellini said. … Read more
Intel CEO Paul Otellini's decision to retire likely caught a lot of people off-guard, one of them being the company's own chairman of the board.
Speaking with Barron's yesterday, Intel Chairman Andy Bryant acknowledged that he and Otellini had talked in the past about transitioning the CEO job. But Otellini surprised him last week with the decision to retire next May.
"I did everything I can think of to buy myself another year [of Otellini's leaderhip]," Bryan said. "We were targeting further out for this."
In yesterday's announcement, Intel touted Otellini'… Read more
The success of the iPad and iPhone is a problem for Intel's next CEO.
Intel CEO Paul Otellini seems to be exiting in the nick of time. His successor will face an increasingly hostile world of customers like Apple fashioning chips for their own purposes.
Apple is a big Intel customer. Macs are all Intel-based. Problem is, most of Apple's growth is happening in tablets and phones.
This is not a trivial issue for Intel. As Apple ships more iPhones and iPads, more R&D and money flow to Apple's internal chip development -- in the … Read more
When Intel CEO Paul Otellini retires in May, he'll leave a mixed record.
On the one hand, Intel's processor manufacturing prowess remains second to none, with the company often introducing new miniaturization technology years ahead of rivals. As ever more companies withdraw from chip manufacturing, Intel manages to keep turning the crank profitably. During Otellini's reign, Intel has so far generated $107 billion in cash from operations and paid dividends of $23.5 billion.
But Intel also has failed to come to terms with a powerful force in the processor world -- the rise of mobile devices … Read more
Chief executives from Intel and Cypress Semiconductor say Silicon Valley is in a bad state.
Literally. The basic problem is California, according to recent comments from Intel CEO Paul Otellini and Cypress CEO T.J. Rogers.
Speaking at the Intel Capital Global Summit on Wednesday, Otellini said Intel has not added a job in California in at least a decade, according to a report in The Wall Street Journal.
He characterized California's future as bleak for businesses. "We're so close to screwing it up, it's pathetic...I worry that we have to hit the abyss before … Read more
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