Intel Implements 50% Gross Profit Requirement for New Projects
By
walterbell
The bagel they save for the regulars. Don't skim, savour.
Summary
Intel's CEO announced a new policy requiring new projects to deliver at least a 50% gross margin to move forward, aiming to boost gross margins.
Key quotes
· 3 pulledIntel will not be entertaining any projects that do not promise to double its money going forward.
Intel is no longer approving new projects that cannot be proven to earn at least 50% gross margin.
Holthaus explained Intel's new risk-averse policy as 'something that we probably should have had before, but we have it now so that product doesn’t move forward; you actually don’t get engineers assigned to it'
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