"Before I retire from Intel, I want a piece of Intel technology touching every human on earth, every minute of every day, in every aspect of their lifestyle".
In early 2004, Craig Barrett (Barrett), CEO of Intel, the world's largest microprocessor manufacturing company, was considering ways to develop and enter new markets. The company was the undisputed leader in the microprocessor industry with about 90% market share. Since 1968 when it was founded, Intel had launched many groundbreaking products. After conquering the desktop microprocessor market with its popular Pentium chips, Intel realized the need to foray into other areas such as consumer electronics, videogames, mobile phones, wireless home networking and even medical diagnostic gear. In the early 2000s, the company's slogan was moving away from "Intel Inside", to making "Intel Everywhere". In Intel's new scheme of things, its powerful lineup of chips would form the backbone of nearly every type of digital device. By 2004, Intel was targeting 10 new product areas for its chips, primarily in the consumer-electronics and communications markets.
In the spring of 1968, Gordon Moore (Moore) dropped by Robert Noyce's (Noyce) home and the two decided to launch a new company to pursue Large-Scale Integrated (LSI) memory. Intel (abbreviation of Integrated Electronics) was officially launched in the month of July that year. |