Feeds

Intel's Barrett predicts PC shortages for 18 months

Bad forecasting and low investment to blame

  • alert
  • submit to reddit

Top three mobile application threats

Stockholm The CEO of Intel, Craig Barrett, has predicted continuing worldwide PC shortages for the next 12 to 18 months.

"The cause of the shortages is due to under-investment in 1996 and 1997. Inaccurate forecasting added to the problem. The only cure is to make more capital investment," he said.

Barrett claims the PC drought is the result of low supplies of all PC components and not just processors.

The Chipzilla chief has also repeated his call for Europe to drop the price of Internet access and urge businesses to re-vamp their plans to take better notice of e-commerce.

Barrett said that business leaders "should demand reduced telecommunications costs to increase Internet usage and to accelerate e-commerce".

The call is not the first time that Intel, and Barrett himself, have urged such changes in Europe and while it is obviously made in the self-interest of his company, he has a point.

"While many European companies have embraced e-business, all companies need to adopt it to improve business efficiencies and to take advantage of the Internet economy," Barrett said.

Europe is the leader in wireless communications and because the next generations of mobiles will have far better bandwidth, the continent has the chance to become the leader in that sphere, he added.

Business to business e-commerce worldwide will grow to seven trillion dollars in the next four years. By embracing the Internet, companies can increase both productivity and better supply chain management, he said.

Barrett is calling on business leaders throughout Europe to put pressure on political leaders to bring about more deregulation and cheaper access. ®

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.