Intel Corporation (NASDAQ:INTC) Misses Hiring Targets In New Mexico


Dallas, Texas 08/15/2013 (Financialstrend) – Intel Corporation (NASDAQ:INTC) is planning to spend about $100,000 on school-to-work proposals after it failed to meet up the hiring aims positioned for its plant based in New Mexico.

The reports added that in the last 5 years, this is the 3rd time when the renowned firm has failed to assure that 60 per cent of novel appointments at its Rio Rancho plant are the citizens of the state of New Mexico.

As technology becomes more complex, the company is having more complexity detecting people who have the needful degrees in science and tech fields, added Liz Shipley, Intel’s administration affairs manager the state.

The company possesses around 3,300 staff members at its Rio Rancho based plant.

Intel Corporation held its ground on income

Whilst inventories did go up during the 2nd quarterly period, they linger below historical standards and the company has held its ground on income. Gross margins are likely to go down to 59% as against from 60%, but the firm is cutting down capex to $11 billion as against $12 billion to account for transformations in the PC zone.

The company anticipates that this decision will push margins back up to 61% during the third quarterly period, and that income will go up 5% in a consecutive manner.

Intel Corporation (INTC) Marketing “Education Tablets” To Educational Institutions

Intel Corporation’s tablet computers, which have just been introduced and named as “Education Tabs” would not turn any heads towards the tablet domain but may attract school regions short on money though interested in flourishing the minds of their charges.

Both tablet computers, a 7″ and 10″ edition, will be catered by the company’s Z2460 CPUs and will boast several educational application programs pre-set up. Both tablet computers will run an edition of Android over 4.0.