that was a portion of what Andy Bryant said in his opening remarks at the event.

“All is not well,” said Andy Bryant, Intel’s board chairman, at the event during his opening remarks. “We are aware we’re losing lots of money trying to gain presence in the mobility space. I’m not proud of the money we’re losing, but I’m not embarrassed by it. This is the price we pay for sitting on the sidelines for a number of years. We’re fighting our way back into a market. We will improve this. We will not accept a business to lose billions of dollars. We are getting back in.”