PC, Mobile Groups To Merge
The reorganisation comes as Intel faces pressure to step up its penetration in the mobile market, a Wall Street Journal report noted.
Under the structure – scheduled to take effect early in 2015 – Kirk Skaugen, a senior vice president who now oversees the PC-client group will head a new unit dubbed the client-computing group.
The move follows a major downturn at the mobile and communications group, which posted a $1 billion operating loss in Q3, while revenue shrank to just US$1 million from $353 million.
Skaugen’s PC-client group, by contrast, reported operating profit of $4.12 billion with revenue growing 9 percent to $9.19 billion