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Intel CEO: There's No Global Recession
Topics:Technology | Information Technology
Sectors:Semiconductors | Technology
Companies:Cisco Systems Inc | Sun Microsystems Inc | Advanced Micro Devices Inc | Microsoft Corp | Apple Inc | Intel Corp
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At the Consumer Electronic Show in Las Vegas, Intel [INTC
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] 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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