INTEL(corporate story 9)

INTEL MAKES THE MICROPROCESSORS THAT FOUND IN 80% OF THE WORLD’S PERSONAL COMPUTERS. IN THE EARLY DAYS, INTEL MICROPROCESSORS WERE KNOWN BY THEIR ENGINEERING NUMBERS SUCH AS ‘80386’ OR ‘80486’. COMPETITORS CAME OUT WITH THEIR OWN ‘486’ CHIPS. THEREFORE, INTEL’S PRODUCTS HIDDEN FROM CONSUMERS AND INTEL HAD HARD TIME CONVINCING CONSUMERS TO PAY MORE FOR ITS HIGH PERFORMANCE PRODUCTS. THE COMPANY CHOSE A TRADEMARK ABLE NAME ‘PENTIUM’ AND LAUNCHED THE ‘INTEL INSIDE’. INTEL STARTED TO PLACE AN ‘INTEL INSIDE’ STICKER ON THE OUTSIDE OF COMPUTER MANUFACTURER’S PCS AND LAPTOPS.

INTEL CORPORATION IS AN AMERICAN MULTINATIONAL SEMICONDUCTOR CHIP MAKER CORPORATION. IT HEADQUARTERED IN SANTA CLARA, CALIFORNIA. INTEL IS THE WORLD'S LARGEST AND HIGHEST VALUED SEMICONDUCTOR CHIP MAKER, BASED ON REVENUE. INTEL CORPORATION, FOUNDED ON JULY 18, 1968. INTEL ALSO MAKES MOTHERBOARD CHIPSETS, NETWORK INTERFACE CONTROLLERS AND INTEGRATED CIRCUITS, FLASH MEMORY, GRAPHIC CHIPS, EMBEDDED PROCESSORS AND OTHER DEVICES RELATED TO COMMUNICATIONS AND COMPUTING. IT IS FOUNDED BY ROBERT NOYCE AND GORDON MOORE . 

INTEL WAS AN EARLY DEVELOPER OF SRAM AND DRAM MEMORY CHIPS. ALTHOUGH INTEL CREATED THE WORLD'S FIRST COMMERCIAL MICROPROCESSOR CHIP IN 1971, IT WAS NOT UNTIL THE SUCCESS OF THE PERSONAL COMPUTER (PC) THAT THIS BECAME ITS PRIMARY BUSINESS. DURING THE 1990S, INTEL INVESTED HEAVILY IN NEW MICROPROCESSOR DESIGNS FOSTERING THE RAPID GROWTH OF THE COMPUTER INDUSTRY. DURING THIS PERIOD INTEL BECAME THE DOMINANT SUPPLIER OF MICROPROCESSORS FOR PCS. THE 2013 RANKINGS OF THE WORLD'S 100 MOST VALUABLE BRANDS PUBLISHED BY MILLWARD BROWN OPTIMOR SHOWED THE COMPANY'S BRAND VALUE AT NUMBER 61.

 INTEL HAS RECENTLY INTRODUCED A 3-D TRANSISTOR THAT IMPROVES PERFORMANCE AND ENERGY EFFICIENCY. INTEL HAS BEGUN MASS-PRODUCING THIS 3-D TRANSISTOR, NAMED THE TRI-GATE TRANSISTOR, WITH THEIR 22 NM PROCESS, WHICH IS CURRENTLY USED IN THEIR 3RD GENERATION CORE PROCESSORS INITIALLY RELEASED ON APRIL 29, 2012.

INTEL'S BUSINESS GREW DURING THE 1970S AS IT EXPANDED AND IMPROVED ITS MANUFACTURING PROCESSES AND PRODUCED A WIDER RANGE OF PRODUCTS, STILL DOMINATED BY VARIOUS MEMORY DEVICES.

WHILE INTEL CREATED THE FIRST COMMERCIALLY AVAILABLE MICROPROCESSOR (INTEL 4004) IN 1971 AND ONE OF THE FIRST MICROCOMPUTERS IN 1972. IN JUNE 2011, INTEL INTRODUCED THE FIRST PENTIUM MOBILE PROCESSOR BASED ON THE SANDY BRIDGE CORE. THE B940, CLOCKED AT 2 GHZ, IS FASTER THAN EXISTING OR UPCOMING MOBILE CELERONS, ALTHOUGH IT IS ALMOST IDENTICAL TO DUAL-CORE CELERON CPUS IN ALL OTHER ASPECTS.

ROBERT NOYCE WAS INTEL'S CEO AT ITS FOUNDING IN 1968, FOLLOWED BY CO-FOUNDER GORDON MOORE IN 1975. ANDY GROVE BECAME THE COMPANY'S PRESIDENT IN 1979 AND ADDED THE CEO TITLE IN 1987 WHEN MOORE BECAME CHAIRMAN. IN 1998 GROVE SUCCEEDED MOORE AS CHAIRMAN, AND CRAIG BARRETT, ALREADY COMPANY PRESIDENT, TOOK OVER.

 ON MAY 18, 2005, BARRETT HANDED THE REINS OF THE COMPANY OVER TO PAUL OTELLINI, WHO PREVIOUSLY WAS THE COMPANY PRESIDENT AND COO AND WHO WAS RESPONSIBLE FOR INTEL'S DESIGN WIN IN THE ORIGINAL IBM PC. THE BOARD OF DIRECTORS ELECTED OTELLINI AS PRESIDENT AND CEO, AND BARRETT REPLACED GROVE AS CHAIRMAN OF THE BOARD. GROVE STEPPED DOWN AS CHAIRMAN, BUT IS RETAINED AS A SPECIAL ADVISER. IN MAY 2009, BARRETT STEPPED DOWN AS CHAIRMAN OF THE BOARD AND WAS SUCCEEDED BY JANE SHAW. IN MAY 2012, INTEL VICE CHAIRMAN ANDY BRYANT, WHO HAD PREVIOUSLY HELD THE POSTS OF CFO (1994) AND CHIEF ADMINISTRATIVE OFFICER (2007) AT INTEL, SUCCEEDED SHAW AS EXECUTIVE CHAIRMAN.

ON MAY 2, 2013, EXECUTIVE VICE PRESIDENT AND COO BRIAN KRZANICH WAS ELECTED AS INTEL'S SIXTH CEO, A SELECTION THAT BECAME EFFECTIVE ON MAY 16, 2013 AT THE COMPANY'S ANNUAL MEETING. INTEL'S SOFTWARE HEAD RENÉE JAMES WAS SELECTED AS PRESIDENT OF THE COMPANY, A ROLE THAT IS SECOND TO THE CEO POSITION.

AS OF MAY 2013, INTEL'S BOARD OF DIRECTORS CONSISTS OF ANDY BRYANT, JOHN DONAHOE, FRANK YEARY, AMBASSADOR CHARLENE BARSHEFSKY, SUSAN DECKER, REED HUNDT, PAUL OTELLINI, JAMES PLUMMER, DAVID POTTRUCK, AND DAVID YOFFIE. INTEL HAS A MANDATORY RETIREMENT POLICY FOR ITS CEOS WHEN THEY REACH AGE 65, ANDY GROVE RETIRED AT 62, WHILE BOTH ROBERT NOYCE AND GORDON MOORE RETIRED AT 58. GROVE RETIRED AS CHAIRMAN AND AS A MEMBER OF THE BOARD OF DIRECTORS IN 2005 AT AGE 

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