After decades at the center of Silicon Valley, Intel is now struggling with one of the technology industrys oldest lessons: beware the cheaper, good enough competitor.
For years, Intel executives scoffed at potential threats to its computer chip business from makers of less expensive chips for video games and mobile phones. The largest maker of chips, Intel continued to focus on putting those chips in personal computers, where they could be sold at a high profit margin.
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http://www.nytimes.com/2013/07/18/technology/revenue-falls-at-intel-as-pc-sales-sag.html?_r=0
For years, Intel executives scoffed at potential threats to its computer chip business from makers of less expensive chips for video games and mobile phones. The largest maker of chips, Intel continued to focus on putting those chips in personal computers, where they could be sold at a high profit margin.
...
http://www.nytimes.com/2013/07/18/technology/revenue-falls-at-intel-as-pc-sales-sag.html?_r=0
