The global computer industry is picking up but the telecommunications sector is still stuck in a rut, Craig Barrett, president of Intel Corp, the world's number one chipmaker, said yesterday.
"We have good visibility into most of the computer manufacturers around the world. We can see what their inventory levels look like. We anticipate the normal seasonal uptick in the second half -- the back-to-school portion and then the holiday buying season at the end of the year," Barrett told CNN.
Speaking from Taiwan, Barrett said manufacturers had reduced inventories to a manageable level.
"What we have seen is a decrease in demand associated with the slowdown in the US and then the parallel slowdown we've seen in Europe," he said.
The telecoms industry, however, was a different story.
"The communications part of the business is still weak and I think is suffering from a combination of over-investment and the recessionary trend in the US," he said.
Chip makers across the globe have been cutting capacity and prices to maintain market share in the face of a steep drop in demand.
But Barrett said he would not describe the price-cutting as excessive. He said demand from India and China was buoying Intel's revenues in Asia, which account for about 30 percent of the chip giant's global sales.
Intel had also enjoyed its best quarter ever in Latin America. "Some of the emerging economies are still putting their infrastructures in place and are still investing heavily in the computer sector," he said.
In some more mature economies, by contrast, including Europe and Japan, demand was suffering, Barrett said.
Taiwanese Olympic badminton men’s doubles gold medalist Wang Chi-lin (王齊麟) and his new partner, Chiu Hsiang-chieh (邱相榤), clinched the men’s doubles title at the Yonex Taipei Open yesterday, becoming the second Taiwanese team to win a title in the tournament. Ranked 19th in the world, the Taiwanese duo defeated Kang Min-hyuk and Ki Dong-ju of South Korea 21-18, 21-15 in a pulsating 43-minute final to clinch their first doubles title after teaming up last year. Wang, the men’s doubles gold medalist at the 2020 and 2024 Olympics, partnered with Chiu in August last year after the retirement of his teammate Lee Yang
FALSE DOCUMENTS? Actor William Liao said he was ‘voluntarily cooperating’ with police after a suspect was accused of helping to produce false medical certificates Police yesterday questioned at least six entertainers amid allegations of evasion of compulsory military service, with Lee Chuan (李銓), a member of boy band Choc7 (超克7), and actor Daniel Chen (陳大天) among those summoned. The New Taipei City District Prosecutors’ Office in January launched an investigation into a group that was allegedly helping men dodge compulsory military service using falsified medical documents. Actor Darren Wang (王大陸) has been accused of being one of the group’s clients. As the investigation expanded, investigators at New Taipei City’s Yonghe Precinct said that other entertainers commissioned the group to obtain false documents. The main suspect, a man surnamed
US Secretary of the Treasury Scott Bessent and US Trade Representative Jamieson Greer began talks with high-ranking Chinese officials in Switzerland yesterday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy. The US delegation has begun meetings in Geneva with a Chinese delegation led by Chinese Vice Premier He Lifeng (何立峰), Xinhua News Agency said. Diplomats from both sides also confirmed that the talks have begun, but spoke anonymously and the exact location of the talks was not made public. Prospects for a major breakthrough appear dim, but there is
The number of births in Taiwan fell to an all-time monthly low last month, while the population declined for the 16th consecutive month, Ministry of the Interior data released on Friday showed. The number of newborns totaled 8,684, which is 704 births fewer than in March and the lowest monthly figure on record, the ministry said. That is equivalent to roughly one baby born every five minutes and an annual crude birthrate of 4.52 per 1,000 people, the ministry added. Meanwhile, 17,205 deaths were recorded, resulting in a natural population decrease of 8,521, the data showed. More people are also leaving Taiwan, with net
RSS