intel corporate(10 facts about Intel's)
10 facts about Intel's history that you know
This year, Intel Corp. turns 54, celebrating half a century as one of Silicon Valley's largest and most progressive legacy businesses.
The business conducted the first of several celebrations at its Santa Clara headquarters on Monday to mark the anniversary, even though the actual date is July 18. Interim CEO Bob Swan dug up and unwrapped a time capsule containing mementos from previous CEOs. (The gallery up top contains pictures from the occasion.)
While Intel looks back on its past fifty years, it also faces an uncertain future. After five years as CEO, Brian Krzanich quit last month following allegations that he had an affair with another Intel employee. Swan, Intel's CFO, assumed leadership in an acting capacity.
Here are 10 interesting facts about Intel to mark its 54th anniversary:
1) The company's initial name wasn't Intel.
Robert Noyce and Gordon Moore, two pioneers in the semiconductor industry who had departed Fairchild Semiconductor, formed Intel on July 18, 1968. The corporation, formerly known as "NM Electronics" (short for Noyce and Moore), bought the rights to use the name "Intel" from a business known as Intelco.
2) The rights to Intel's core processor had to be purchased.
Busicom, a Japanese calculator manufacturer that was apparently short on cash at the time, sold Intel the rights to its first core chip for $60,000. In 1971, Intel introduced the chip 4004, which served as the cornerstone of its microprocessor-based computing system.
3) An Intel museum
The museum for Intel was built in the early 1980s and opened to the public in 1992. The 10,000 square foot museum is housed at Intel's corporate headquarters and receives more than 86,000 visitors annually. The variety of exhibits includes information on the production of silicon chips as well as Intel's past as a pioneer in Silicon Valley.
4) Dressing up
In the beginning, the business struggled to keep its technicians pristine while manufacturing chip sets in its clean rooms. According to Intel, stricter clean suits were required starting with the 1973 opening of Fab 3 in Livermore. They were referred to as "rabbit suits" and were used at Intel's other sites before 1980, when they were adopted as the norm.
5) In advance of its time
By purchasing Microma in 1972, Intel entered the digital watch business before cooperating with companies like TAG Heuer and Fossil. Ultimately, the business sold the division to Timex in 1978, although Gordon Moore, the co-founder of Intel, is said to still wear his Microma watch today.
6) An executive affairs timeline
During his time as the company's leader, executives other than Brian Krzanich had affairs. At least four of Intel's six CEOs are said to have had relationships, albeit all of them occurred before the company's non-fraternization policy, which Krzanich is said to have broken, went into place in 2011.
According to numerous stories and biographies, late CEO Andy Grove, who oversaw the business in the 1980s, Paul Otellini, who took over as CEO in 2005, and Intel co-founder Robert Noyce all had office romances, some of which developed into marriages.
According to VentureBeat, Otellini met Sandra, his second wife, at Intel, where she was employed as a lawyer. Noyce wed an Intel employee who worked in human resources. In 2011, under Otellini's leadership, the company's non-fraternization policy went into force.
According to Rob Enderle, principal of Enderle Group Inc. and a longtime Intel analyst, "there was kind of a myth that it kind of came with the job — that you'd have an affair."
7) There was a day when
Arthur Rock, an early American financier who is credited with coining the phrase "venture capitalist," provided $2.5 million of Intel's initial finance. The company's reputation at the time was based on the seasoned technicians who co-founded it. When Robert Noyce was general manager of Fairchild Semiconductor, the company's co-founder, he created the silicon integrated circuit.
8) Continual layoffs
About 10,500 jobs at Intel were eliminated between 2006 and 2008, roughly 10% of its whole workforce. Since then, there have been significant rounds of layoffs virtually annually, with some reductions being more drastic than others. Currently, the corporation has over 100,000 employees worldwide.
9. Pears and wafers
Although Intel is one of the biggest employers in Silicon Valley with more than 6,500 staff members, its initial location was established before prime real estate became such a valuable resource.
In 1970, it made its first real estate purchase, a 26-acre pear orchard on the southwest corner of Coffin Road and Central Expressway in Santa Clara. That year, Intel requested that Coffin Road be renamed to Bowers Avenue, which is now known as such, in a petition to the Santa Clara City Council.
Currently, Intel employs 15,000 people in California at its three principal locations in Santa Clara, San Jose, and Folsom as well as at its research and development centers in Irvine and San Diego. The Santa Clara location works with numerous corporate departments, including sales and marketing, legal, supply chain, and human resources, as well as engineering, design, research and development, and software engineering.
10) Expanding community service
According to the firm, over the past five years, Intel and its philanthropic arm, the Intel Foundation, have donated more than $80 million in grants, donations, and in-kind gifts to non-profit organizations and educational institutions throughout California. Additionally, workers have donated around 275,000 hours of their time to the neighborhood. The business has grown the number of students enrolled in computer science classes in Oakland by a factor of 14, from 196 to 2,80.
Post a Comment for "intel corporate(10 facts about Intel's)"