Global leader: Paul Otellini, president and CEO
Local leader: Philip Cronin, GM, Australia and New Zealand
Core activity: Semi-conductor development and manufacturing
Revenue: US$37.6 billion (FY08 ended December 29)
Key customers: HP, Dell, IBM, Acer, Lenovo, Toshiba
Intel Corporation, the world’s largest semi-conductor chip maker, got itself in a bit of a pickle in 2009 and is still fighting an appeal against the European Union’s ruling that it engaged in antitrust behaviour.
The EU’s regulatory arm, the European Commission, in May slapped Intel Corporation with a hefty €1.6 billion fine. New York Attorney General Andrew Cuomo has also filed an antitrust suit against Intel.
The company’s president and chief executive, Paul Otellini, has said publicly that he is confident the appeal will deliver a result in Intel’s favour, but if the decision is upheld it could have wide-reaching implications for other
On a more positive note, Intel used 2009 to announce a US$7 billion reinvestment in manufacturing facilities over the next two years in order to produce new 32 nanometer chips.
The new facilities extend the capabilities of existing manufacturing sites in the US. The ultra-small chips are expected to lead to a new range of faster, smaller, more energy-efficient computers. Rachael Bolton
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