What went wrong with Intel?

Intel has recently been hit by a series of drawbacks. The latest of them is its decision to sell its network and low power processor lines in order to recoup some of its cost.

Behind the doors, Intel has been losing billions through asset dumping or writing off those which are not bringing as much money as they should.

But it has cost the Santa-Clara company much more than just money. While Intel was busy concentrating allocating precious resources to non-core segments, more focused competitors like AMD or Texas Instruments were able to catch up and surpass Intel in many categories where it was once the undisputed leader.

By being unable to execute strategic plans properly, Intel has been caught ill-prepared. Already, the changes can be felt worldwide. An estimated 13,000 people are rumoured to be shown the door soon, in a bid to save $1 billion.