Intel CEO Paul Otellini Addresses AMD Lawsuit

Posted on Wednesday, June 29 2005 @ 23:57 CEST by Thomas De Maesschalck

Intel Corporation President and CEO Paul Otellini today addressed the antitrust lawsuit filed against Intel this week by Advanced Micro Devices Inc. The AMD lawsuit asserted a number of complaints regarding the business practices of Intel and its customers.

"Intel has always respected the laws of the countries in which we operate," Otellini said. "We compete aggressively and fairly to deliver the best value to consumers. This will not change.

"Over the years, Intel has been involved in other antitrust suits and faced similar issues. Every one of those matters has been resolved to our satisfaction. We unequivocally disagree with AMD's claims and firmly believe this latest suit will be resolved favorably, like the others."

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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