Intel in troubles?

The economic slowdown and slumping demand for personal computers, affecting the profit sharply!

Having received a news about Intel Corp...

The world's biggest computer chip maker, announced plans on Wednesday to close facilities in Malaysia, the Philippines and the United States?

This would affect more than 5,000 employees worldwide.

But, according to the news, not all employees would have to leave Intel, as some may be offered positions at other facilities.

In a manner corresponding, two assembly test facilities in Penang, Malaysia and one in Cavite, Philippines, additionally the wafer production facilities in Santa Clara and Hillsboro, Oregon would be closed down.

The closures, will take place between now and the end of 2009.

A spokesman mentioned the moves are to "align its manufacturing capacity to current market conditions"...!?

A particular degree to which, the logistics and transportation sectors especially the airfreight and warehousing acted as distribution hub, may be affected in terms of cargo inducement.

Hopefully, Intel Corp could revise the decision or preferably the news are not truth...


Source: Washington (AFP)