Intel Out Of The Motherboard Game
According to multiple reports, Intel is exiting its desktop motherboards business after about two decades of making them.According to PCWorld, who spoke with the company, Intel will pull out as soon as its next-generation Haswell CPU ships, and will dissolve the business over the course of the next three years.
Forbes, who received an email from Intel, reports:
In other news, Intel has declared d a 22.5 cents-per-share (90 cents-per-share on an annual basis) quarterly dividend on the company’s common stock. It will be payable on March 1 to stockholders of record on February 7.
CEO Paul Otellini said, “With the payout of this quarterly dividend, Intel’s dividend and stock buyback program will have returned approximately $119 billion to stockholders since the program’s inception. This is a testament to our commitment to return cash to our stockholders as we continue to generate strong cash flow driven by the combination of new products and design wins from the lowest power portable devices to the most powerful data center servers.”
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