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INTC Intel Corporation

30.3225
-0.1475 (-0.48%)
Last Updated: 18:58:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.1475 -0.48% 30.3225 30.32 30.33 30.53 30.02 30.19 27,265,655 18:58:50

Intel to Reorganize Manufacturing Group -- Report

18/10/2018 12:12am

Dow Jones News


Intel (NASDAQ:INTC)
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   By Stephen Nakrosis 
 

--Intel said Sohail Ahmed, who was co-leader of the company's manufacturing group since 2016, will retire next month, and the company intends to reorganize the division into three separate units, The Oregonian reported Wednesday.

--The move comes as the company's manufacturing operation has fallen behind on production of their next-generation 10-nanometer chip, the report said.

--Intel intends to split its manufacturing operations into a technology-development unit, a manufacturing and operations unit and a supply-chain unit, the report said.

 

Full story: https://www.oregonlive.com/silicon-forest/index.ssf/2018/10/intel_manufacturing_vp_sohail.html

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

October 17, 2018 18:57 ET (22:57 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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