Intel CEO Barrett upbeat about PC industry

Intel CEO Craig Barrett, speaking during the chipmaker’s Developer Forum yesterday, believes that the worldwide PC market has begun to stabilise.

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By  Robin Duff Published  February 26, 2002

Intel CEO Craig Barrett, speaking during the chipmaker’s Developer Forum yesterday, believes that the worldwide PC market has begun to stabilise, while at the same time acknowledging that the world economy is in a deep recession.

“I can’t tell you when the recession will end, but I can tell you that the computer market has stabilised, albeit at a lower level than last year,” said Barrett. “You might expect the computer sector to recover faster than the communications sector.”

Barrett also suggested that the continuing growth of the Internet will also force businesses to upgrade their back-end systems more that they are doing presently.

“What our industry has in front of it is the build out of the Internet, and the convergence of communications and computing,” said Barrett. “The main challenge will be: how do we give the end user more reason to use our technology?”

Barrett went on to describe how Intel’s future will involve concentrating on making processors and other "building block components" for clients. Examples include PCs and handhelds, networking and telecommunications equipment and servers.

To complement its latest chips, Intel is expanding its effort to build software and testing labs in different parts of the world so that application developers and hardware manufacturers can tune their equipment for Intel chips.

Barrett again cited the economy as a serious obstacle to its progress, in addition to the slow adoption of broadband communication and security concerns.

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