Intel ‘Counting on Our Leaders’ to Resolve US Trade Friction With China, CEO Says
China, from which Intel drew more than 20 percent of its 2017 revenue, is “one of our fastest-growing segments,” and so “we're counting on our leaders and the leaders of the world to go resolve these issues,” CEO Brian Krzanich…
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said on an April 26 earnings call of the looming threat of U.S. tariffs on Chinese imports and the retaliatory Chinese actions that might follow (see 1804060033). “We believe in fair trade,” Krzanich said. “We believe that countries and companies need to be able to play in markets fairly and compete, and we're counting on this getting worked out. That's very important to us.”