Intel Corp (INTC)

[SemiconEng]

UPDATE - Intel says new chip features set business to grow
Thursday May 13, 5:01 pm ET
By Daniel Sorid

http://biz.yahoo.com/rc/040513/tech_intel_communications_3.html
NEW YORK, May 13 (Reuters) - The market for computer chips is poised for substantial growth, but the game has changed from simply cranking up speed to adding special features into chips, Intel Corp. (NasdaqNM:INTC - News) said on Thursday.


*** I think the best news though would actually be, seeing the comm business contribute something to the bottom line, instead of draining resources.....


COMMUNICATIONS TURNAROUND
Intel Corp.'s (NasdaqNM:INTC - News) communications business will become profitable in 2005, said Sean Maloney, head of Intel's communications group, which had an operating loss of about $850 million last year.
"ICG will become profitable during 2005," Maloney said, speaking at an Intel analyst meeting in New York.
Robert Manetta, an Intel spokesman, said the communications business would become profitable on a quarterly basis at some point during the year, but not necessarily for the year as a whole.


*** We'll see.....