Intel Corp (INTC)

[mas]

“We will not continue to accept a business with multi-billion dollar losses. But this is the price you pay to get back in and we will get back in” Intel’s Chairman Andy Bryant stressed during his opening keynote.

Krzanich said the merge between its PC and mobile chip groups announced this week will only help drive its mobile sales growth. Through the reorganization, Intel will have a single unified gruop for the entire chip production process, from engineering and architecture to sales and marketing. Plus, since a lot of Intel’s customers come from the same company - think Samsung, who sells mobile, tablets, and even IoT products - it will only simplify the whole communication process.

http://finance.yahoo.com/news/intel-ceo-were-not-ashamed-184351141.html