Intel Cancels Plan to Enter Digital TV Chip Market
Thu Oct 21, 2004 08:03 PM ET
By Daniel Sorid
SAN FRANCISCO (Reuters) - Intel Corp. (INTC.O: Quote, Profile, Research) on Thursday said it has scrapped plans to enter the digital television chip business, marking a retreat from a major component of its consumer electronics initiative.
The cancellation, which follows a string of missteps by the world's largest chip maker, eliminates a major competitive threat faced by Texas Instruments Inc. (TXN.N: Quote, Profile, Research) , whose own chips for rear-projection televisions have become a successful enterprise. MORE http://olympics.reuters.com/audi/newsArticle.jhtml?type=technologyNews&storyID=6576456
Thu Oct 21, 2004 08:03 PM ET
By Daniel Sorid
SAN FRANCISCO (Reuters) - Intel Corp. (INTC.O: Quote, Profile, Research) on Thursday said it has scrapped plans to enter the digital television chip business, marking a retreat from a major component of its consumer electronics initiative.
The cancellation, which follows a string of missteps by the world's largest chip maker, eliminates a major competitive threat faced by Texas Instruments Inc. (TXN.N: Quote, Profile, Research) , whose own chips for rear-projection televisions have become a successful enterprise. MORE http://olympics.reuters.com/audi/newsArticle.jhtml?type=technologyNews&storyID=6576456
