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Intel Executives Say Manufacturing Spinoff Could Happen
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Barclays Maintains Intel(INTC.US) With Hold Rating, Maintains Target Price $25
If the production of the 18A chips fails next year, Intel may spin off its chip manufacturing business.
Intel executives stated that Intel is separating the financial and operation aspects of its manufacturing department into an independent subsidiary, and the foundry business has already been separated from Intel's other businesses, with a separate operation committee and business process software system being established.
Intel Says It's an Open Question Whether to Break up Company
