New Intel Corp CEO Tan Lip-Bu. — Photo courtesy of Intel
PETALING JAYA: Malaysian-born Tan Lip-Bu (Americanised to Lip-Bu Tan) has been appointed chief executive officer (CEO) of troubled technology firm Intel Corp, effective March 18, with many industry observers aching to see what strategies the new boss has in place to turn around the chip giant.
He takes over from Pat Gelsinger, three months after the company veteran was forced out by Intel’s board because his costly and ambitious plan to improve the firm’s performance was seen as faltering and sapping investor confidence.
