Intel Reorganizes NOR Flash Division But Promises No Lay-offs
May 12, 2006 9:30 AM
comment(s) - last by
"Job security" remains largely an oxymoron
previously reported that
Intel was already taking actions
in its plan to restructure the company. Going are such locations as Intel's R&D division in Glasgow, and a manufacturing and design location for network transponders in Newark, California. It's clear that Intel is taking its reorganization plan to a global scale.
Despite launching a new joint venture with Micron earlier this year, Intel will be reorganizing its NOR flash memory division as well. Previously, the NOR flash memory reported to Intel's main chip design division, but Intel plans to have the NOR division report to the same management as IM Flash Technologies -- its joint NAND flash memory company with Micron.
Intel said to reporters
that it will not be laying off employees in its NOR flash division. This comes at a time when layoffs have been confirmed at Intel's other locations. The NOR flash division will be reporting to Brian Harrison, Vice President of Intel's flash technology group. Harrison will also be in charge of IM Flash Technologies. The NOR flash group will continue to develop and manufacture the technologies that it had been working on all this time.
Many analysts believe that due to strong competition from AMD, coupled with poor profits from Intel, will only continue to cause more lay-offs at the Santa Clara chip giant. In the market so far, AMD has managed to reduce Intel's market share to 80% and the ownership continues to decline for Intel.
This article is over a month old, voting and posting comments is disabled
Good move by Intel
5/13/2006 10:01:12 AM
Since non-volative memory is cleary a commodity business, why burden that business unit with the high capital costs of their microprocessor unit? This is the right move, NAND and NOR continue to grow enormously and having their own fab and managemet structure makes total sense.
Intel is fighting for it's life and scrambling to make a profit as AMD continues to hammer away. With already at 20% share of the business, AMD is taking the giant down. Yeah, that's why their doing this.
RE: Good move by Intel
5/13/2006 2:25:34 PM
The only argument I have with that is that Intel put a lot of attention on its NAND based devices at IDF last quarter. Things like putting a few GB of NAND on the northbridge to act as a buffer between the hard drive/optical drive for super quick caching. If this catches on, having your own NAND facilities might not be a bad idea.
"This is about the Internet. Everything on the Internet is encrypted. This is not a BlackBerry-only issue. If they can't deal with the Internet, they should shut it off." -- RIM co-CEO Michael Lazaridis
Intel to Shut Down Glasgow R&D Division
May 12, 2006, 12:41 AM
Report: AT&T Eyeing $40B DirecTV Purchase
May 1, 2014, 8:00 AM
WebOS Class Action Settlement Costs HP $57 Million
April 1, 2014, 10:22 AM
IBM Workers Strike Over Terms of Deal That Will Have Them Working for Lenovo
March 6, 2014, 9:29 AM
Google Picking Up Artificial Intelligence Company "DeepMind" for $400 Million
January 27, 2014, 9:25 AM
Quick Note: Qualcomm Grabs up Palm, IPAQ, and Bitfone Patent Portfolio from HP
January 24, 2014, 9:18 AM
Verizon Buys Intel Media OnCue Cloud TV assets
January 21, 2014, 10:26 AM
Most Popular Articles
Microsoft's Surface 2 Tablet Family Gets a $100 Price Cut
August 25, 2014, 1:16 AM
Report: Microsoft to Announce Windows 9 on September 30
August 21, 2014, 11:20 AM
From HULC to FORTIS: the Evolution of Lockheed Martin's Incredible Exosuit
August 22, 2014, 12:45 PM
SpaceX Falcon 9-R Rocket Suffers Malfunction, Self-Destructs During Test Flight
August 23, 2014, 9:36 AM
Owner of "Decepticon" Maserati Ordered to Appear in Court This Thursday
August 25, 2014, 7:55 AM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information