Intel president and CEO Paul Otellini on Tuesday dismissed charges from Advanced Micro Devices Inc. that it has illegally dampened competition in the microprocessor market and said that Intel only agreed to sanctions in a recent ruling in Japan in an effort to resolve the legal battle.
"I want to be absolutely clear where Intel stands," Otellini said during a conference with press and analysts Tuesday as the company released its second-quarter earnings report. "Intel competes aggressively and fairly around the world. This formula has led to Intel's success and it will not change. ... We unequivocally disagree with AMD's claims and are confident this latest suit, like the others, will be resolved favorably for Intel."
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