Fox Business Network’s Liz Claman is touring Silicon Valley this week for a technology special report, and she had a moment to chat with Intel (INTC) CEO Paul Otellini. He tells Claman that he was “stunned” when Hewlett-Packard‘s (HPQ) then CEO Leo Apotheker announced in August that HP was considering getting rid of its PC unit.
Otellini said he will urge new CEO Meg Whitman to “stay the course.”
“I thought ��what is he thinking?��,” Otellini tells Claman.
“I don��t know what decision Meg and the board will make now; I hope they decide to stay in the business. I think, when you think about their business, print and ink is such an important part of HP. And over time, all of us are printing less stuff, more and more we are living with digital images. To leave consumer digital electronics to me would be a very strange decision to make when your whole business model is tied up in imaging.�� Otellini has talked to Whitman by phone and plans to meet with her on Friday.
Otellini’s remarks on HP come at about 1:39 into the video below.
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