11th October 2003 Archive

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• Intel's Grove: US software, services face meltdown

  Skunk works

  Acknowledging that it was National Depression Day, Intel co-founder Andy Grove warned that US software and services would go the same way of the US steel industry. "It would be a miracle if it didn't happen in the software and services industry,'' he said. Grove attributed the crisis to higher labor costs in the US, and the …

  Business 11 Oct 2003, 00:09