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|Monday, December 12, 2011|
Intel lowered its fourth quarter revenue forecast due to shortages of hard drives in the PC industry.
The worst flooding in decades in Thailand dismantled or damaged a large chunk of the world's hard-drive manufacturing operations, causing a slowdown in PC production and the need for fewer chips by computer makers, Intel said. The Santa Clara, Calif., company had said it didn't expect an impact in the current period from the flooding.
"We do expect continued shortage of [hard-disk drives] to be pretty significant in the early part of 2012," Intel Chief Financial Officer Stacy Smith said. "And we expect supply to catch up to overall demand sometime in the first half of 2012. Where exactly that happens over the course of the first half is too early to say, but we do expect that this will catch up sometime in the first half."
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
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While the Bend City Council ultimately upheld the approval which enables OSU-Cascades to move forward with the 10 acre site, it did also thoughtfully consider the nature of its code requirements, resident concerns and OSU-Cascade’s efforts and suggestions and crafted conditions of approval to address potential impacts of the site in the area.