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Highlights of the day: Intel cutting CPU prices

DIGITIMES staff 0

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.