Talk of the financial upheaval is currently ubiquitous. One gets to hear either ominous forecasts or tentative assurances. Now, Intel’s Chairman Craig Barrett has provided a bit of the latter. He told Reuters that Intel will keep investing in products and technologies despite the risk of the financial crisis affecting key emerging markets.
“We've always had the attitude that you have to make that investment in good times and bad,” Barrett said. He compared Intel to a blind greyhound that “just continues to race down the track.” Barrett feels that one has to invest out of recession. According to him, Intel has always had a contingency plan in place. The company is also not averse to making strategic acquisitions in the coming future.