Chip maker Intel has admitted that third-quarter revenue will be below the company's previous expectation of between $11.2 and $12.0 billion. It now expects Q3 revenue to be somewhere between $10.8 and $11.2 billion, blaming the reduction on "weaker than expected demand for consumer PCs in mature markets".
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In this week's edition of The Fonecast we take our regular look at mobile industry news from the last seven days, including two Ofcom stories, two Intel stories, two network problems, three sets of financial results and nine arrests.
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Iain, James and Mark take their regular look at the UK's top mobile industry news stories. This week, Intel, Nokia, Ofcom, ZTE, Apple, Facebook and the City of London police are some of the organisations making the headlines.
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Last year Intel and Nokia announced a partnership. They've since worked together on the creation of MeeGo and are now opening a joint research centre. It's called the Intel and Nokia Joint Innovation Center, it'll employ around 24 R&D professionals and it'll be based at the Center for Internet Excellence within the University of Oulu in Finland.
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Computing company Intel is to acquire anti-virus company McAfee in a deal that's been unanimously approved by both boards of directors. McAfee will become a wholly-owned subsidiary of Intel, reporting into Intel’s Software and Services Group.
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