The development of the revolutionary company INTEL is a story of vision, willingness to embrace change, and just plain luck; a story that put Intel at the very heart of the Information Age.
CORPORATE HISTORY
Intel was founded in 1968 by Gordon E. Moor (a chemist and physicist) and Robert Noyce (a physicist and co-inventor of the integrated circuit)when they left Fairchild Semiconductor. Intel's third employee was Andy Grove, a chemical engineer, who ran the company through much of the 1980s and the high-growth 1990s. Grove is now remembered as the company's key business and strategic leader. By the end of the 1990s, Intel was one of the largest and most successful businesses in the world
ORIGIN OF THE NAME
At its founding, Gordon Moore and Robert Noyce wanted to name their new company Moore Noyce. The name, however, sounded remarkably similar to more noise — an ill-suited name for an electronics company, since noise is typically associated with bad interference. They then used the name NM Electronics for almost a year, before deciding to call their company Integrated Electronics or Intel for short. However, Intel was already trademarked by a hotel chain, so they had to buy the rights for that name at the beginning.
COMPANY'S EVOLUTION
Intel has grown through several distinct phases. At its founding, Intel was distinguished simply by its ability to make semiconductors, and its primary products were (SRAM) chips. 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.
Intel has grown through several distinct phases. At its founding, Intel was distinguished simply by its ability to make semiconductors, and its primary products were (SRAM) chips. 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.
After 2000, growth in demand for high-end microprocessors slowed and competitors grabbed significant market share, initially in low-end and mid-range processors but ultimately across the product range, and Intel lost a huge market share. In the early 2000s then-CEO Craig Barrett attempted to diversify the company's business beyond semiconductors, but few of these activities were ultimately successful.
In 2005, CEO Paul Otellini reorganized the company to refocus its core processor and chipset business on platforms (enterprise, digital home, digital health, and mobility) which led to the hiring of over 20,000 new employees.Unfortunately, In September 2006 due to falling profits, the company announced a restructuring that resulted in layoffs of around 10,500 employees or about 10 percent of its workforce by July 2006. Its research lab located at Cambridge University was closed at the end of 2006.
The integrated circuit from an Intel 8742,an 8-bit microcontroller that includes
a CPU running at 12 MHz,
128 bytes of RAM
, 2048 bytes of EPROM, and I/O in the same chip.
PRODUCT HISTORY
= >SRAMS and the microprocessor
= >DRAM and microprocessors
= >Intel, x86 processors
= >386 microprocessor
= >486, Pentium, and Itanium
= >Pentium flaw
= >Intel Inside, Intel Systems Division, and Intel Architecture Labs
= >Competition, antitrust and espionage
= >Partnership with Apple
= >Core 2 Duo
= >Classmate PC
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