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|30th July 2004, 05:43||#1|
Join Date: Mar 2004
Intel Again Won't Meet Chip-Ship Date
Chipmaker Intel (INTC:Nasdaq - commentary - research) on Thursday said it would miss the deadline for shipping its 4-gigahertz version of the Pentium 4, postponing it until the first quarter of 2005, and marking yet another delay for the chipmaking giant.
The Santa Clara, Calif.-based company now expects to ship the chip, originally slated for the fourth quarter of 2004, in the first quarter of next year, according to Intel spokeswoman Laura Anderson.
Intel's shipping delays have been an ongoing problem this year, spurring CEO Craig Barrett to fire off an email to staff last week that implored them to focus on remedying the company's manufacturing ills. Intel corners the computer chip market, looming large over rival Advanced Micro Devices
Intel delays introduction of high-speed Pentium 4
Thursday July 29, 6:39 pm ET
SAN FRANCISCO, July 29 (Reuters) - Intel Corp. (NasdaqNM:INTC - News) on Thursday said it is informing customers that it will miss its year-end target for delivering a high-speed chip for desktop computers, another in a string of delays reported by the world's largest chip maker.
The Santa Clara, California-based company now expects to ship a Pentium 4 chip running at four gigahertz, or four billion cycles per second, in the first quarter, spokeswoman Laura Anderson said.
"We're committed to putting our execution back on track in a way that makes the company even stronger," Anderson said. She declined to give a reason for the delay, other than to say that Intel wanted to be able to provide adequate volumes of the product to customers.
Last week, Intel's chief executive officer sent a blunt message to employees to focus on "actions and attitudes" to halt a string of product delays and manufacturing problems.
Intel has faced a bumpy year, delaying the roll-out of a new line of notebook computer chips in January, recalling a supporting chip for desktop computers in June, and delaying another notebook computer chip earlier in July. Those problems stemmed from various manufacturing and chip design issues.
The delays have prompted grumbling by personal computer makers, which base marketing and product development plans on Intel's "roadmap" for new products. Intel is by far the largest supplier of computer chips, dwarfing rival Advanced Micro Devices Inc. (NYSE:AMD - News)
The latest delay with Pentium 4 came as part of a broader update on the company's product plans sent this week to customers, Anderson said.
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