Intel CEO Tan Lip-bu says company will spin off noncore units

Intel CEO Tan Lip-bu says company will spin off noncore units

Intel chief executive Tan Lip-bu said the chipmaker would spin off assets that were not central to its mission and create new products including custom semiconductors to try to better align itself with customers.

Intel needed to replace the…

Article Source
https://www.scmp.com/tech/big-tech/article/3304655/intel-ceo-tan-lip-bu-says-company-will-spin-noncore-units