SANTA CLARA, Calif., Sept. 1, 2005 - Intel Corporation today
filed its response to a lawsuit recently initiated by Advanced Micro
Devices (AMD) regarding Intel's business practices. In the response,
Intel refutes AMD's claims and states that its business practices are
both fair and lawful.
The Intel response explains that AMD's claims are factually
incorrect and contradictory. In addition, AMD's complaint -- by
attempting to impede Intel's ability to lower its prices -- would hurt
consumers, not help them.
"Innovation, investment, customer focus and great products have led to Intel's success over the years," said Bruce Sewell,
Intel general counsel. "These are the things that have been fundamental
to our decision making as we've sought to move the industry and the
pace of technology forward.
"Likewise, AMD has made its
own business decisions and choices that have determined its position in
the marketplace. Yet, with its lawsuit, AMD seeks to instead blame
Intel for the many business failures AMD has experienced that are
actually a direct result of AMD's own actions or inactions."
In its response filed today with the U.S. District Court in
Delaware, Intel described the semiconductor industry business model
that has led to phenomenal growth and steadily increasing value to
customers over the years. That business model is based on three
fundamental principles: production, product and price. The Intel
response indicates that "AMD's choices and behaviors with respect to
each of these core principles over the period covered by the complaint
provide a compelling answer to the allegations it has made in this
case."
Intel's response further states, "AMD's complaint presents a case
study in legal dissonance. Although AMD has purportedly brought its
complaint to promote competition, its true aim is the opposite. Under
the cover of competition law, AMD seeks to shield itself from
competition. AMD seeks to impede Intel's ability to lower prices and
thereby to allow AMD to charge higher prices. AMD's colorful language
and fanciful claims cannot obscure AMD's goal of shielding AMD from
price competition."
News Source: Intel Press Release
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