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Intel kills Consumer Electronics

Posted by ryuzaki0 on from the todays-economy-is-much-less-fun dept.

bribecka writes "Saw this on CNet News.com: Intel has decided to phase out its consumer electronics division. This division was responsible for digital cameras, digital audio players, and other gadgets. " Not really surprising considering the way things are these days.

1 of 78 comments (clear)

  1. Makes sense by Green+Aardvark+House · · Score: 4, Insightful

    It made sense for Intel to get out of consumer electronics.

    Declining global economy - Electronics are "luxury items" and therefore are cut first from consumers' budgets.

    Less name recognition - Intel is widely recognized as a leading chipmaker. But for audio players PDA's and such, most people weren't aware, or simply went for bigger names like Rio or Palm.

    Also note they are closing their Online Services Division, as well.

    This will be best for the company. Focus on what it does best.