The new CEO of Intel, Lip-Bu Tan, has not lost time to establish his plans for the giant of semiconductors.
Speaking at the Intel Vision conference this week, Tan told participants that the company would turn assets that are not essential to its mission, Bloomberg reported. Tan did not specify what was classified as principal and not core for the activities of the company.
Intel will also launch new products, including personalized semiconductors for customers, added Tan. But there has been no mention to break the business, according to Bloomberg, which was a potential recovery strategy launched in recent months.
Tan was appointed CEO of Intel on March 12 and assumed the role on March 18, just over three months after the former CEO Pat Gelsinger was forced to leave the role on December 1. Previously, Tan was a member of the company’s board of directors before resigning at the end of last August.
Techcrunch contacted Intel to comment.
