Looking to evolve the ?big, beige box? and help bring to market more stylish, small, quiet and cool-running PCs perfect for any room in the home, Intel announced the Intel Core Processor Challenge. The contest will award up to $1 million in prizes to the PC designer and manufacturer that designs and builds the smallest and most stylish home PCs powered by Intel? Viiv technology, Intel?s premium brand for in-home, media-optimized PCs featuring an Intel Core 2 Duo processor. Systems will be evaluated on attributes of style, acoustics, functionality and features.
The savings are a combination of non-workforce related steps and a significant reduction in Intel's workforce. The company's employee population will decline to approximately 95,000 by the end of this year, resulting from workforce reductions, attrition and previously announced actions. The workforce will decline to approximately 92,000 by the middle of 2007 ? 10,500 fewer than the company's employee population at the end of the second quarter of 2006. In addition to the savings from the workforce reduction, the company expects savings in merchandising expenses, capital and materials.