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What does the economic downturn mean for Intel?

downturn Economic Intel mean
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What does the economic downturn mean for Intel?

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In previous recessions or downturns, most corporations tended to invest in productivity tools, which is the way you improve your performance. I don’t see that fundamental model changing. Even in the financial-services sector, which is obviously the most hard-hit, we’re still seeing significant investment in the back offices for their infrastructure, for the trading algorithms. [Also], 75 percent of our revenue is offshore. We’ve not seen change in consumer-purchase patterns globally. Intel is a big investor in the long-range wireless technology called WiMax, but so far we haven’t seen it. Are you still optimistic? Very much so. Global networks take a while … [The high-speed mobile technology] 3G is now, what, 15 years old and not deployed? We’re only four to five years into WiMax, which will happen a lot faster. You’ll see some fairly large-scale deployments happening over the course of this year and next. Do you think Intel is being treated fairly in the EU investigation? I can’t give

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