Intel Corp recasts structure

Intel Corp on Monday reorganised its corporate structure, introducing new businesses focused on mobile electronics, business and the home and eliminating a money-losing group centered on communications.

Intel, the world8217;s largest chip maker, based in Santa Clara, California, also shook up its product and sales management team.

Pat Gelsinger, who was Chief technology officer, will now co-run the group centered on business technology, and Jason Chen, vice President of sales and marketing, has left the company to attend a family health matter, the company said.

The communications group, which had an operating loss of 791 million last year, has been dropped, although its product lines 8212; primarily for mobile phones and networking equipment 8212; will be distributed among the five newly formed businesses.