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Computer Maker Dell Contends with Investor Lawsuit Over Dealings with Intel.

Discussion in 'News' started by Thermopylae_480, Feb 20, 2007.

  1. Thermopylae_480

    Thermopylae_480

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    The lawsuit, brought about by investors, accuses computer maker Dell Inc. of "secretly receiving approximately $250 million a quarter in likely illegal kickbacks payments" from its long time partner Intel. This money was supposedly received in return for an exclusive purchase agreement for Intel's microprocessors. Chip maker Intel claims that the accusations are just a renewal of similar previous complaints by chip maker AMD (Advanced Micro Devices). Dell would not comment on the lawsuit. In the past Dell has only used processors manufactured by Intel, but just last year began buying processors from Intel's competition AMD.

    In addition, Dell is also currently under investigation by the U.S. Securities and Exchange Commission, and the U.S. Justice Dept. for its accounting practices.

    Source: CNNMoney
     
    Last edited by a moderator: Feb 20, 2007
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  2. XooM New Member

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    yes... c'mon... rape dell a hard one...
     
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  3. tkpenalty New Member

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    ^x2, they were getting the parts at sub-OEM prices already, now they are backstabbing them by using AMD.
     
  4. Pinchy New Member

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    stupid dell :p
     
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  5. pt

    pt not a suicide-bomber

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    at least they use AMD now, and :nutkick: INTEL
     
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  6. WarEagleAU

    WarEagleAU Bird of Prey

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    This doesnt look good for poor poor Michael. Dell used to be a great pc maker (for home users, not us power folks) but now look at them. Michael is in some deep dookie.
     
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  7. Thermopylae_480

    Thermopylae_480

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    Yes, it is important to realize that he does have quite the hand full. He didn't return as CEO until last month I believe, so the majority of the companies current problems aren't necessarily directly his fault. It will be interesting to see how he handles his companies current plight.
     
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  8. Pinchy New Member

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    Thats so true

    The only reason we dont like their pc's is because we like to upgrade/tweak :D
     
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