Intel Corp. was legally declaring Bankruptcy?? Can any one confirm?

[sissim]

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Can any one confirm? if Intel corp. the world's foremost chip maker is declaring bankruptcy or just trying to cut production so that thay can survived the worst-ever financial crises in the world today?


Intel, like much of the technology sector, is feeling the pain of the global economic slowdown and waning demand for PCs. It just announced plans to cut up to 6,000 jobs, and posted a 23 decline in revenue in its most recent quarter.

Up to 60,000 jobs could be lost in the country’s key electronics sector after Intel closed its plant in Cavite and Texas Instruments announced a number of layoffs in December. The outlook for the electronics sector could worsen further. “The impact of the economic downturn on our business was more severe than we anticipated and the outlook is uncertain,” says Intel Philippines in a statement.
Adds Labor Secretary Marianito Roque: “We have to admit that this is not business as usual in the Philippines for the electronics sector and in the garments sector as well… These will be the two particular areas that would be affected by the global financial crisis.” The electronics sector alone accounts for about 58 percent of the Philippines’ exports and employs 480,000 workers. Its collapse and the thousands of jobs that the sector will shed will create a big dent on the country’s economic growth.

[YJOB]

sa pilipinas ra na nga intel company, dili tibuok intel in general.

[sissim]

philipines and the rest of the world...

[YJOB]

kung matinuod na kuyaw mogara ang AMD kay wa nay kumpetensya.

mas kuyaw kung hasta AMD file pud bankruptcy asa na man lang ta padung ani, gubot ang kalibutan kay mag-ilog palit sa pinakalast nga stock sa processor.

[nilo_pepito]

philippines rana bro kay daghan na kaayo way trabahos america so gi prioritize muna nila kanilang mga citizens

[rodsky]

You're mixing fact and fiction.

FACT: Intel and other major US corporations are indeed suffering amidst the US recession.

FICTION: Intel is bankrupt.

The reason for the confusion is probably this "What-if" scenario article, written by Hal Licino...

Intel's 2009 Bankruptcy: A Cautionary Tale

But it's only a what-if scenario. Ergo, if this particular article kay gi-circulate sa mga bugok/ignorante, then of course, ang result is the false news and rumour that Intel is indeed bankrupt.

-RODION

[sissim]

Kindly open this on...

Intel denies seeking to derail AMD spin-off

[YJOB]

mas una pa tingali ma-bankrupt ang yahoo kaysa intel

[usrolla]

that would be impossible not unless dli na mo uso ang computer mao na cguro na nga time ma bankrupt na ang intel or amd

[sissim]

what if it is posible? Economic stratge. ky mo balihin sila sa china...