Highlights of the day: Intel cutting CPU prices

Intel CPU shortages have given room for AMD to expand its presence in the market, but Intel is now keen to keep the rival at bay by resorting to a pricing campaign. In the EMS sector, Foxconn has elected a new chairman to succeed Terry Gou, who, after years of efforts turning the company into the a multibillion dollar firm, is now turning to politics. The post-Gou Foxconn will be managed collectively by a nine-member committee.

Intel to slash desktop processor prices by up to 15%: Intel is planning to cut prices of its eighth- and ninth-generation desktop processors by 10-15% and has already notified its downstream PC and motherboard partners, according to sources from motherboard players.

Foxconn gets new chairman: Foxconn Technolgy Group has elected a new chairman, Young Liu, succeeding Terry Gou, who has stepped down to facilitate his bid for Taiwan's presidency.

Collective management at post-Gou Foxconn: Terry Gou has stepped down as chairman of Foxconn Technology Group to facilitate his bid for Taiwan's presidency, handing over the reins to a collective management by a nine-member committee.

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