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Considering how important chip manufacturing technology is and will continue to be to Intel's business, this is a sensible move. Frankly, considering the struggles that Intel has faced in bringing newer technologies to market, I would like to see even more aggressive investments here.
Intel said that, in addition to the cost reductions associated with its restructuring program, it is also seeing a benefit from the lengthening of the depreciation cycles of its chip manufacturing equipment.
To understand this, it's important to understand what depreciation is and how it can impact Intel's operating expenses.
When Intel buys equipment for its chip manufacturing facilities, it pays the full price of that equipment upfront. However, the full price of that equipment doesn't immediately show up in the company's cost of goods sold or in research and development.
Those costs are spread out, or depreciated, over a fixed amount of time. When Intel lengthened the amount of time that it expects to be able to use its chip manufacturing equipment, it increased the time it would take to depreciate a given piece of equipment, but the depreciation expenses that it would incur within any...
Now, it might seem strange to be talking about depreciation in the context of operating expenses. After all, shouldn't depreciation of equipment that's used to mass produce processors be included in cost of goods sold rather than in research and development spending?
Well, it's not so simple.
While the depreciation expenses of equipment used to build chips that ultimately get sold should be included in cost of goods sold, the development of next-generation chip manufacturing technologies also requires the use of a lot of very expensive equipment.
Workers inside of an Intel development fab. Image source: Intel.
In fact, Intel has chip manufacturing plants dedicated solely to the development of next-generation chip manufacturing technologies (Intel calls them "development fabs"). The equipment inside of those factories also needs to be depreciated, just as the equipment inside of the factories that are pumping out salable prod...
If the depreciation schedules for that equipment also lengthens, then that should lower Intel's research and development expenses, all else being the same.
It's clear that Intel is still investing heavily in its future, even after the significant restructuring actions that it announced. Developing leading new technologies for Intel's current markets and trying to push into new ones simply isn't cheap.
Those hoping for Intel to significantly bring down its operating cost structure longer-term are likely going to be disappointed. The good news is that if Intel's investments allow it to accelerate its revenue growth rate (its revenue growth over the last several years has been anemic at best), then that could be good f...
Despite losing the very safe margin of the former Liberal member for Durack, Melissa Price is now claiming victory over her National Party opponent.
The Australian Electoral Commission count is progressing slowly with postal and absentee votes still being collected. But with 65 percent of the vote counted the two candidate preferred result puts the Liberal's Melissa Price about 4,600 votes ahead of the Nationals' Shane Van Styn. This is giving her a margin of almos...
Talking to ABC Local Radio, Ms Price acknowledged that counting continues, but that her victory is assured.
"We've still got the postal votes to go but we're feeling very confident that the lead is significant enough to be able to claim victory today." she said.
Ms Price will become the first woman to ever represent the North West of Australia federally, historically named as the seat of Kalgoorlie, but with a redistribution for the 2010 election was renamed Durack. Her victory was a continuation of the trend away from the ALP and towards the conservative parties over the last...
The Nationals' candidate isn't conceding yet, but says he believes that the Liberal claim of victory is probably correct. In a parting shot, Mr Van Styn says that it was Labor Party preferences that gave the Liberals victory over the Nationals in Durack.
Ms Price played down the role Labor preferences played in knocking off her fellow conservative.
"Perhaps I can thank them to a very small extent, but certainly that wasn't a big part of my victory - at all." Ms Price said.
Melissa Price says she's ready to represent the people of Durack in Canberra.
"My intention is to fight for a fair share and better services and infrastructure for the people of Durack and that's going to be my job for the next three years."
Listen to Melissa Price talking to Vanessa Mills on Kimberley Mornings.
Remains were found in the search for Jake Wilson, a 16-year-old autistic boy who vanished four months ago in eastern Iowa.
LA PORTE CITY, Ia. — The four-month search for Jake Wilson included hundreds of tips from across the country. But recreational kayakers' discovery of human remains occurred in an area of Jake's hometown authorities said they had searched more than a dozen times.
Those remains were found Tuesday in and around Wolf Creek, the waterway that flows through this eastern Iowa town. Jake, an autistic teenager, told his family he was going for a walk near the creek before he vanished April 7.
Authorities declined to clarify Thursday exactly where the remains were found. Investigators with the FBI and the state medical examiner’s office were assisting local authorities in forensically processing the rural area that search crews had combed up to 30 times previously.
“If this is Jake, it’s not enough to (just) recover him for this family,” Black Hawk County Sheriff Tony Thompson said during a news conference in the city’s fire station. “We want to know how” he died.
The remains were found downstream from where Jake was expected to have gone that evening, officials said. The sheriff said crews are sifting again through up to half a mile of the waterway.
Since the remains were found, authorities have been working to clear the area to locate, they hope, more definitive evidence.
Authorities declined to say whether there was any evidence of foul play. They also declined to describe the condition of the remains that were discovered.
Jake's mother,Megan Richter-Neiswonger, and stepfather, Jeremy Neiswonger, stood next to Brecher and Thompson during the news conference but did not speak. Moments after the session concluded, while newspaper and television cameras were still rolling, Jake’s father, Mike Wilson, walked up to Jeremy Neiswonger and pushe...
Mike Wilson was charged with two counts of simple assault. Police have requested a no-contact order, Brecher said. Richter-Neiswonger and Neiswonger left the fire station without speaking to reporters.
The police chief said emotions got the better of Mike Wilson.
In June, Brecher said crews had completed their heavy equipment operations in Wolf Creek but reassured the public that the search would go on. He previously described the creek as his team’s “main culprit” in the search, using an array of techniques to clear it.
They sent dive teams in the water; used a helicopter from the Iowa National Guard, hovering above in hopes of moving objects under the creek; and they called on the public to raise money for an excavator to pull logs and large trees out of the water.
Authorities received about 400 unique tips and a number of reported sightings of Jake in other states, none of which turned out to be him. Some of those tips came in after the A&E Network television series “Live PD” featured Jake's disappearance in June.
When Jake disappeared, temperatures were unusually cold for April, with nearby Waterloo setting a record low of 12 degrees the morning of April 8.
Hundreds of volunteers turned out to search for Jake in the community of about 2,200 people. More than 800 people helped as snow fell the day after he was reported missing.
Law enforcement searched a more than 9-mile radius from the center of town in the succeeding days, an area spanning about 255 square miles.
A blue ribbon, dozens of which were hung around town after Jake vanished, remained tied around the bottom of a flagpole outside the fire station Thursday.
About 25 people gathered in the fire station to listen to the news conference.
Those present to offer support included Drew Collins, the father of Elizabeth Collins, who was abducted in nearby Evansdale with her cousin Lyric Cook-Morrissey in July 2012. The bodies of Elizabeth, 8, and Lyric, 10, were found seven months later at Seven Bridges Wildlife Park in Bremer County.
In previous news conferences, investigators indicated they found no information to suggest a crime was committed in Wilson's disappearance, though police had not ruled out the possibility of an abduction.
Hundreds of people gathered in May in the city for a candlelight vigil to show support to Wilson's family. In a previous interview with the Des Moines Register, his mother and stepfather described his disappearance as a nightmare and a terrible waiting game.
"It’s not peaceful to sit there and think, 'Well, are they going to find him today in the river?'" Richter-Neiswonger said April 19. "Are they going to find that somebody did take him?"
Jake was described during the search as about 5 feet, 6 inches tall and 135 pounds. He was last seen at 9 p.m. the day he disappeared. The outgoing nature-lover left without his glasses and was wearing a brown zip-up hooded sweatshirt, dark pants and cowboy boots.
Investigators often described their search as trying to find that “one golden nugget” of information that would tell them whether Jake was kidnapped or if he was in the creek.
SEOUL, Oct 16 (Reuters) - Guus Hiddink, who led South Korea to the 2002 World Cup semi-finals, threw his support behind his former skipper Hong Myung-bo on Wednesday and said the new coach had put the Asian side on the right track after a horrid 2014 qualifying campaign.
Hiddink, who resigned as coach of Russian club Anzhi Makhachkala in July and has been touted as a candidate for the vacant Australia job, is still worshipped in South Korea, where statues were built and a stadium named after him.
Speaking to reporters at a lunch meeting with some of the players from his 2002 side, which became the first Asian team to reach the last four of a World Cup, Hiddink said it was important to play adventurous football in Brazil next year.
The Koreans lost 2-0 to the World Cup hosts in a friendly on Saturday before beating Mali 3-1 on Tuesday.
"I saw in the game with Brazil ... they (Korea) are eager to go and play attractive football," he said. "We don't like to see a scared, defense-oriented team.
"If we see a Korea which is very adventurous, the whole world will recognise them. Maybe you are not going to the final but people all over the world will say: 'I'd like to see this team.'"
Tuesday's game against the African side was Hong's eighth in charge after he took over from the much-maligned Choi Kang-hee.
While Hong's team have won just two of those games, Hiddink said choosing to pit themselves against top quality opposition such as Brazil and Croatia would help them progress.
Korea stumbled across the finishing line to qualify for the 2014 World Cup finals, edging out Uzbekistan on goal difference for an automatic spot following a 1-0 home loss to Iran in the last group game.
"I know Myung-bo as a player, as a captain of a successful team, also in recent months he was helping me when I was coaching in Russia so I know him even better," said Dutchman Hiddink.
"I think they have chosen the right way to make the team strong. You can pick out easy games and win and the whole of Korea will go like: 'Oh we are ready to play in the World Cup!', which is not true. You are fooling yourself.
"I think the best way is to have players experience strong opposition such as Brazil."
While some in Korea have been calling for Hiddink to return to the national team to help Hong in Brazil, the 66-year-old ruled out a return.
"I'm ageing. Ageing!" he said. "I'm having sabbatical months."
Joining Hiddink and Hong at the lunch were other members of the 2002 squad including Seol Ki-hyun, Yoo Sang-chul and goalkeeper Lee Woon-jae, whose heroics in the quarter-final against Spain put the Koreans into the last four.
"Korea is still heavily influenced by coach Hiddink," said Hong. "Back then we had a definite result and achieved success.
"We should not forget what our strong points were back then and should continue to work on them.
A groundswell has begun, in lieu of such a disappointing year, that the Toronto Blue Jays need to make a huge off-season deal in order to be a contending ball club next year. Because of his fading numbers and ascending age (whose age is descending?) it is thought that Jose Bautista is the prime candidate for such a tra...
Why? Because Bautista’s intrinsic value to the Blue Jay organization goes much deeper than just numbers.
When asked whether the club would consider moving him General Manager Alex Anthopoulos began with the standard answer—all players are available in trade and if they receive, as was said so often in The Godfather, an offer they can’t refuse then Bautista will be moved. The likelihood of the Blue Jays receiving such an o...
When delving deeper however Anthopoulos gave us his thought process—it makes very little sense when constructing a contender to create one hole in order to fill another. Yes, this club needs to add a starting pitcher this off-season—but not at the expense of a middle of the order hitter. And not when the organization h...
The Jays have four pitchers who, if they plan it properly, should fill out the rotation in Buffalo next year. Marcus Stroman and Sean Nolin are solid prospects who flourished in AA but still need some time in AAA before getting the nod to join the big club. As well Kyle Drabek and Drew Hutchison are both coming off Tom...
But there is no offensive wonder, no magician with a bat, who is ready for the big time. Their best offensive prospects are already up with the Jays this September—Anthony Gose, Moises Sierra and Kevin Pillar. While each provides a certain skill set none of them can provide the consistent pop produced in Bautista’s bat...
So if the Jays were going to trade Bautista they would need an experienced power bat in return—and what team would trade one power bat for another.
The only way dealing Bautista could work is if the Jays were able to sign a free agent power hitting outfielder to replace Bautista. But the only player who matches that need and is a free agent this off-season is Nelson Cruz—and why would the Jays, having endured the Melky Cabrera post drug suspension mess this year, ...
The other option open, when considering trading Bautista, is to accept a weakening of your line-up and hope the trade strengthens other noted weaknesses. The GM doesn’t want to create a hole to fill a hole, but what if by creating the Bautista hole the Jays could fill two holes—or three?
It is worth noting that the core position players—those the Jays would be unwilling to deal unless blown away with an offer—are Bautista, Edwin Encarnacion, Brett Lawrie, Jose Reyes and Colby Rasmus. That leaves openings for second base, catcher, left field and designated hitter—but the biggest hole is in the starting ...
As for the rotation—the Blue Jays have stated there are only two spots assured for next season—RA Dickey and Mark Buehrle. The Jays also have Brandon Morrow and JA Happ under contract—and will likely be the third and fourth starters—as well as having Esmil Rogers and Todd Redmond, two pitchers that have shown an abilit...
As well, with the Rogers Corp. money still coming in, the Jays can take an expensive arm off the hands of a club needing to cut payroll. They could also take a chance and bring Josh Johnson back—but let’s put that notion in the last resort category.
Having the four young arms in Buffalo next year precludes the need to being in sub-par starters in case of injury. So there will be no need for an Aaron Laffey or Chien Mien Wang next season. This gives the club depth.
The Jays can be satisfied with acquiring one veteran starter capable of pitching close to 200 innings, knowing there are a number of arms available to fill the final two spots. That being said there is no need to trade such an important chip as Bautista for a starter—they will be able to find one without affecting thei...
The arrival of Ryan Goins should not give Blue Jays fans, eager to anoint a saviour for the second base position, the impetus to believe the search is over. Goins has shown a great ability to fill the position from a defensive standpoint and could easily take the role Maicer Izturis was originally signed to fill—utilit...
As such the need for a high priced star second baseman isn’t as crucial as it appeared just one month ago. If perhaps a Howie Kendrick is made available by the Los Angeles Angels—which it appears he has been—then the Jays could kick the tires on this deal, but do not need to give up a star player in return. The Angels ...
Otherwise, with the lefty-hitting Goins and Kawasaki are able to at least platoon against right-handers. The Jays may believe they simply need to add a veteran for the position who is capable of producing quality at bats against left-handers—someone like free agent to be Mark Ellis.
It has become obvious that JP Arencibia has played and talked his way out of town. The Jays once believed that Arencibia’s defense would eventually catch up to his offense but this year his offense has actually fallen down to the level of his defense. This is a position that can be filled in free agency. The club does ...
If the Jays believe that AJ Jiminez is their catcher of the future then Ruiz would be able to fill the position long enough for Jiminez to develop, and when Jiminez is ready for the big leagues Ruiz could mentor the young catcher. Either way having catchers of the future in your organization has become less important—m...
With Cabrera under contract for one more year and with the three youngsters—Gose, Sierra and Pillar—the left field position looks like it can be filled from within. So to improve their roster the Jays do not need to trade Bautista. As well moving him makes little sense from a public relations and marketing viewpoint. T...
Bautista is not the perfect player. He often gets pull happy—which was fine three years ago when his wrists were strong and he could pull outside fastballs into the seats but, since last season’s surgery, he does not have that ability anymore. He also lets his intensity get the better of him—specifically with umpires, ...
On the plus side he is a quality third hitter in the line-up who is still a threat to hit 30 home runs and drive in 100 runs, as well as score 100 runs and walk 100 times. Yes, there is concern about his health—he is getting older, but instead of discarding him the Jays simply need to monitor his playing time. They sho...
If the Jays are going to contend next season they are going to need Bautista. Trading him would delay the team’s desire to contend—and after twenty years the time to contend is now.
…The Blue Jays need to stop talking about putting natural grass into the Rogers Dome and actually get to work doing it. All their excuses about how difficult it would be in a dome and how it is impossible as long as the Argonauts play there are ridiculous. If it is about cost—then spend the money. Football can be playe...
…Chip Kelly’s new and improved offense has come to the NFL—and it sure is fun to watch. But like the NBA’s Phoenix Suns philosophy of seven seconds or less (get the shot up in that time) it can only take a team so far. Watch how the read option teams from last year are toning it down this year to protect their players....
This Room Is Thought To Have Been Michelangelo's Secret Hideaway And Drawing Board : Parallels Sketches on the walls of a once hidden room of a museum in Florence help shed light on the Renaissance artist's creative process — and on a mysterious and dangerous period in his life.
POGGIOLI: After years of study and careful conservation, D'Agostino expects the secret room sketches will be open to the public by 2020. Sylvia Poggioli, NPR News, Florence.
Jodie Sweetin Welcomes a Second Baby Girl Into Her "Full House"
Actress Jodie Sweetin (aka Stephanie Tanner) is on her way to having a “Full House” of her own!
The former child star welcomed her second daughter Tuesday (Aug 31) with her DJ boyfriend Morty Cole. The couple named the little girl Beatrix Carlin Sweetin Cole and she came into the world at a healthy 7 lbs. 4 oz. and 19 inches long.
Beatrix (nickamed “Bea”) by her father, is the couple’s first child together as Jodie already has a 2-year-old daughter named Zoie with her ex husband Cody Herpin. Jodie and Morty have been dating for a year now.
A 8 week course exploring the benefits and joys of Nia - a holistic movement practice that feels great, aids fitness and over all well-being and is fun!
Suitable for those new to Nia and those regular students who wish to grow in their relationship to their body and Nia's foundations.
Moving to great music in a supportive environment, each week we will explore a different focus and then move it in a mini class environment.