Intel drops consumer electronics range

Published: 22 October 2001 y., Monday
Intel Corp. will stop selling digital cameras, media players and Intel Play PC toys next year because sales didn't meet the company's expectations, Intel confirmed Friday. The chipmaker said it is "winding down" its Connected Products Division, the part of the company that makes the consumer electronics products. "We had some success in these product categories, but business overall did not meet our long-term growth requirements. Our intent is to sell through the remaining inventory until the first quarter of 2002 and then quit the business," said Gillian Murphy, a Germany-based Intel spokeswoman. Intel won't disclose the size or location of the remaining inventory, but most products are sold worldwide. One of the products about to be discontinued, the Personal Audio Player 3000, was only introduced earlier this month in the U.S. Customer support will be available for "a period" beyond when a product is for sale, Murphy said. In addition to discontinuing the consumer products already on the market, Intel has also decided not to sell a Web Tablet Internet appliance touted by President and Chief Executive Officer Craig Barrett at the Consumer Electronics Show in Las Vegas in January.
Šaltinis: ITworld.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Cutting red tape on VAT

Business to get a break under streamlined EU VAT rules. more »

Thales names propulsion sub-contractor for Lithuanian minehunter reactivation programme

Thales UK`s naval business has yesterday signed a major sub-contract with Finning (UK) Ltd for the supply of propulsion engines and machinery for its new Lithuanian warship reactivation programme. more »

A €116 billion question: making sense of the 2009 EU budget

The EU Budget 2009 provides more money for growth, the environment, jobs, research and food aid for developing countries. more »

Davos 2009: Gloom after boom

On day one of the World Economic Forum in Davos, the mood of this traditionally bullish event -- pure gloom. more »

Turnover of retail trade enterprises

In December 2008 against December 2007 the turnover of retail trade enterprises decreased by 8.8 per cent. more »

Wincor Nixdorf signs ATM service deal for 4,000 ATMs in Mexico

Mexican financial institution Banco Santander has awarded Wincor Nixdorf AG a contract to service all 4,000 of its ATMs installed in Mexico. more »

Wincor Nixdorf says ATM innovation, automation and outsourcing will be way of future

Wincor Nixdorf AG spent much of its time at this year's Wincor World demonstrating how Wincor Nixdorf can support financial institutions and retailers through innovation. more »

Betting on better times

South Korea may be feeling the chill wind of recession but the country's lucrative gambling industry is cashing in. more »

Microsoft Reports Second-Quarter Results

Modest revenue growth despite difficult economy; announces cost management initiatives. more »

Migrant workers hit by credit crunch

Tens of thousands of export firms on China's seaboard have closed due to falling demand in major European and North American markets. more »