Intel intends to appeal the European Commission's 1.06 billion Euro (NZ$2.43 billion) fine for anticompetitive behaviour in the chip market, with CEO Paul Otellini arguing that the EC "ignored or disregarded" evidence "refuting" its judgment.
The leading quote from last week’s news comes from Intel CEO Paul Otellini: “We’re doing product refreshes every two years, which is the model we invented and then stopped doing after Pentium 4, shame on us,” Otellini said. “We fell off it — mea culpa, we screwed up — and now we’re back on that pace.”
Several PC vendors have announced new desktop and workstation PCs, following Intel’s launch of its Conroe Core 2 Duo processor last month.