Now that the PC market is in the doldrums, it is inevitable for manufacturers to cut down on food and clothing and reduce costs. Even the PC leader and the rich Intel have various measures to reduce costs and increase efficiency. This time they are going to sell an office building worth about 1.3 billion yuan.
According to US media reports, the office building is located in San Jose, California.In fact, it is composed of four buildings, with a total area of 47000 square meters, which is not small, so it is estimated to reach 193 million US dollars, or about 1.32 billion yuan.
After the sale of office buildings, Intel's identity will change from landlord to tenant, because their sale agreement includes the right to rent them in the next year or two.
As for the sale of the property,As for the sale of the property,
Although Intel didn't explain many reasons, given the massive layoffs in the US technology industry and the popularity of mixed offices, Intel really doesn't need that much office space, and it's more cost-effective to sell it and rent it.
In PC, Intel is not the first to sell office buildings, as AMD did a decade ago, even selling its headquarters in Austin, Texas, and moving to Silicon Valley.
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