Financial Times FT.com

Intel casts eye on consumer electronics

By Julie MacIntosh and Paul Taylor in New York

Published: May 5 2008 02:37 | Last updated: May 5 2008 02:37

Intel, the world’s largest maker of semiconductors, will become more acquisitive and expand into areas such as consumer electronics, according to Pat Gelsinger, head of the chipmaker’s Digital Enterprise group.

Mr Gelsinger, speaking during a visit to New York, noted the group was emerging from a significant restructuring over the past two years, during which it divested assets and cut its workforce by more than 10 per cent.

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