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Intel CEO: There's No Global Recession

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Published: Monday, 7 Jan 2008 | 4:22 PM ET
By: CNBC.com
Intel CEO on '08 Challenges
Paul Otellini, Intel CEO, discusses the challenges his company will face in 2008, with CNBC's Jim Goldman.

At the Consumer Electronic Show in Las Vegas, Intel Chief Executive Paul Otellini spoke with Jim Goldman about the future of the semiconductor giant and the industry as a whole. The CEO waxed optimistic.

"You have to remember, 75 percent of Intel's sales are non-U.S. ...And there seem to be no signs of a global 'R-word' out there," the CEO declared.

Growth in China, India and the world's other developing economies will more than outbalance any U.S. slowdown, Otellini says.

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At the Consumer Electronic Show in Las Vegas, Intel Chief Executive Paul Otellini spoke with Jim Goldman about the future of the semiconductor giant and the industry as a whole. The CEO waxed optimistic. "You have to remember, 75 percent of Intel's sales are non-U.S. ...And there seem to be no signs of a global 'R-word' out there," the CEO declared.
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