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Subject: About Time Intel
Name:
LED
Date: 1/26/2001 11:06:26 AM (GMT-7)
IP Address: 63.71.127.102
Message:
Amid sluggish PC sales and high inventories, Intel will slash its chip prices by over 40 percent on some chips.
Since last summer, sales of PC's have slowed, and the holiday season saw a dramatic downturn in sales levels. Now most PC makers have excess inventory, which also means that Intel (and AMD) have excess processors.
Analysts are calling the current AMD vs. Intel price reductions a "price skirmish," but they won't call it a "price war." It's apparent that both companies want to avoid an all-out price war in a period of market weakness.
Intel's Pentium 4 chip will be reduced by more than 20 percent. The 1.5GHz P4 will be reduced by 21 percent, from $819 to $644. The 1.4GHz version will be reduced by 23 percent, from $575 to $440 (all prices in quantities of 1000 units).
Intel will also cut prices on Pentium III and Celeron processors, bringing Intel's chip prices more in line with AMD's prices.
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