Intel's Lip-wu Chen's new move: Eliminate new products with gross profit margins below 50%

Intel CEO Lip-Wu Chen recently announced a new initiative to eliminate new products with a gross profit margin of less than 50%. This initiative is aimed at improving the company's profitability and ensuring that each new product can bring considerable profits. At the same time, it also means that Intel will pay more attention to the quality and competitiveness of its products.