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Journalism of Courage
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.
The move comes just months before President Paul Otellini takes over as Chief executive, and the reorganisation follows a mantra of creating product 8216;8216;platforms8217;8217; 8212; or chip bundles 8212; that Otellini has long pushed.
The new corporate structure makes 8216;8216;Intel8217;s entire structure consistent with our platform products strategy,8217;8217; Otellini said in a statement.
