Wed, May 25, 2011 - Page 11 News List

Intel taps Maloney as China unit head amid demand surge

Bloomberg

Intel Corp executive vice president Sean Maloney will move to Beijing to take up the newly created position of chairman at Intel China, underscoring the country’s importance in fueling sales growth.

Maloney, 54, will be responsible for overseeing the company’s strategy for China, said Chuck Mulloy, a spokesman for -California-based Intel, the world’s largest computer chipmaker.

“It’s unprecedented for us,” Mulloy said in a telephone interview. “We’ve never put someone at that high a level in another country.”

Maloney, who returned to work in January after recovering from a stroke he suffered 15 months ago, is being tapped to lead the company’s plans in a country that Intel predicts will become the world’s largest personal-computer market next year. Intel’s chips are the main component of more than 80 percent of the world’s computers.

The Asia-Pacific region, which includes China, provided US$7.26 billion, or 56 percent, of Intel’s revenue in the first quarter of this year, compared with 21 percent for the Americas. Intel does not provide a breakdown for China alone.

Maloney was one of two executive vice presidents running Intel’s main chip business, reporting directly to chief executive officer Paul Otellini, until his stroke, which left him unable to speak. He went on medical leave in March last year and has regained much of his speaking ability.

In previous positions at Intel, Maloney ran sales in Asia and the company as a whole. Executive vice president Dadi Perlmutter will take over Maloney’s general corporate responsibilities when he moves to Asia, Mulloy said.

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