Craig Barrett
Craig Barrett
evolved india leading technology
India has evolved into one of the world's leading technology centers.
believe connecting emerging internet method pcs technology time
Cellular technology is emerging as a new high-speed method of connecting to the Internet and we believe over time will become increasingly important for connecting PCs to the Internet.
coming eight entering expanding facilities five increase rapidly remains second supply technology tight
While supply remains tight entering the second quarter, we are ramping our 0.18-micron manufacturing technology rapidly in five facilities and expanding to eight facilities by year-end, which will substantially increase supply in the coming quarters,
adoption boost builds business capital closely communication companies created drive educators foundation grow help identify impact increase india indian industry information innovation intel investment last locally pace technology ten venture work
The pace of technology innovation is accelerating. The investment demonstrates the company's long-term commitments and builds on the foundation we created during the last ten years. Through the Intel Capital India Technology Fund, Intel will help Indian companies drive technology adoption locally and identify new business opportunities globally. We will grow our local operations, boost venture capital investment and work closely with the government, industry and educators to increase the impact of the country's Information and Communication Technology.
corporate far growth investment relatively seen strong translated wish
I know we've seen relatively strong announcements of GDP growth in the U.S., but as far as I can tell, that hasn't translated into corporate profitability or corporate IT investment growth, ... I wish I had something better to tell you.
bits hot impact label major management pieces product program pulled slip together
If I were to label the issue, it's one of program management and getting all the bits and pieces pulled together in the right order. We are still very hot on the technology. I don't think a six-month slip is a major impact from a product standpoint.
chooses intel major
When a major corporation like Intel chooses to relocate, the other corporations will follow.
basic resources spend
We will spend more on development resources for the Basic PC.
ability brings china deliver facility further opening products worldwide
The opening of this facility brings new manufacturing capabilities to China and further strengthens the country's ability to deliver products to the worldwide market.
businesses
Essentially all of our businesses will be conducted in this fashion,
cash committed excess growth investing returning
committed to investing for growth and returning excess cash to our stockholders.
business community discovery economic forefront ingenuity innovation losing national president recent risk
Discovery, ingenuity and innovation have always been at the forefront of the U.S. economic and technological leadership. Unfortunately recent indicators show that we are at risk of losing our competitive edge. The business community commends the President for making American competitiveness a national goal.
acceptable both dialog intel parties result
This is acceptable to both parties and was the result of constructive dialog between Intel and the FTC,
quarter reflected revenue second
As expected, second quarter revenue reflected a seasonal slowdown,