Chuck Mulloy Quotes (26 Quotes)


    That's an ISO issue. We don't have any comment on the standards vote or the claims the Chinese are making.

    The visit was done during normal business hours on Tuesday morning, Seoul time. We would not characterize this as a raid. It wasn't scheduled, but it wasn't totally unexpected.

    We don't want to discount the tension in the area ... but from our perspective, we view it as something that can have a positive impact. If you talk to the leaders of the Palestinian Authority, this is exactly the kind of thing they want. They want education, they want paths to improve the economic well-being of their citizens.

    If someone is suing you over intellectual property and you continue to provide that party with information about products you have under development, then you essentially increase your risk.

    The South Korean FTC paid an unscheduled visit to our offices in Seoul on Tuesday of this week. It happened during normal business hours. It's part of a previously announced and ongoing inquiry into our business practices. We are continuing to cooperate and expect that at the end of the Day, they will conclude that our business practices are both fair and lawful.


    It's not unusual for a company as successful as Intel to come under scrutiny.

    We can afford, and do spend, for nothing but the very best in terms of environmental, health and safety issues. We can afford it and we don't cut corners. It's critical to our business model and our business success.

    The growth for our sector will happen in the international markets -- particularly in emerging markets like China, like India, like the Middle East and the former Soviet Union.

    We don't see any impact. We are busily preparing for trial.

    Our next step here would be for us to really understand the scope of the request. And once we understand the scope of the request, what we will do is develop a plan to comply with the FTC subpoena.

    We have been scrutinized many times in the past and we expect to be in the future. It comes with the territory.

    We said earlier that it would be done primarily through attrition, some redeployment and possibly localized layoffs. This voluntary separation program that's under consideration is a tool to achieve that number. We haven't moved the number beyond 3,000,

    They paid a visit earlier this week and asked some questions consistent with previous inquiries. We cooperated with them then and will continue to cooperate.

    The second component is a voluntary separation program that offers several months' severance as an enticement to people who have been thinking of retiring or otherwise leaving -- standard stuff at most companies. These, along with normal attrition, should have helped Intel reduce its head count. Unfortunately, ... normal turnover laws may not hold during a downturn in the economy.

    We have been cooperating, providing documents and answers, and we did so again on Tuesday. It's not unusual for a company with the successful track record of Intel to come under scrutiny.

    a very broad, general request for information ... that affects a good many of Intel's business.

    The fact that AMD has served a subpoena on another company isn't that new, given the fact that they've served subpoenas on roughly 50 companies in conjunction with the antitrust suit.

    We've never forecasted earnings per share or profitability. We forecast a group of factors related to business fundamentals -- top-line revenue in a range, a range of gross margin, a range of expenses. Taking a long-term approach has worked for us.

    I can confirm that officials from the Korean (Fair Trade Commission) paid an unscheduled visit to our offices in Seoul ... during normal business hours.

    They're seeking additional information into our business practices. The only thing that's marginally unusual is that this was an unscheduled visit that we didn't expect.

    We acknowledge that representatives from the Korean FTC (Free Trade Commission) did pay an unscheduled visit to our office in Seoul earlier this week during normal business hours.

    We never stopped shipping them products during this dispute, ... We stopped shipping them confidential advance product information that was under non-disclosure.

    We are in discussions constantly with countries around the world about potential new facilities. We have not announced anything with respect to Israel, nor have we denied anything.

    Intel is a very successful company, and it is not unusual for us to come under scrutiny. We believe our business practices are fair and lawful.

    We're making changes to our roadmap for processors in 2001 in order to provide some additional memory options for the low-cost platform for Pentium 4-based systems for the mainstream market,

    We have cooperated with the FTC for the past several months, we did earlier this week and we continue to have discussions and meetings with them in the spirit of cooperation.


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