Intel totals automotive group
theregister.co.ukIntel is shuttering its automotive efforts and laying off the bulk of the team responsible.
The chip giant has been building hardware for the car sector for nearly 50 years, but some staff are falling prey to the new CEO's cost-cutting program. The news, previously reported by The Oregonian, fits into new CEO Lip-Bu Tan's priorities for winnowing the Intel workforce and concentrating on technology that pays its way.
"As we have said previously, we are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers. We are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers," Intel said in a statement to The Register on Wednesday.
We have decided to wind down the automotive business within our client computing group
"As part of this ...
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