Intel to close Cambridge research lab

SINCE INTEL doesn't make enough money, it has decided to close its research lab in the UK university town of Cambridge.

The lab has been researching optical and wireless chip technologies and was set up in 2003 with a staff of 25 researchers. Intel won't say how many people will be affected by the cut, or how much the closure of the operation will save in dollar terms.

The axe is set on the boffins' necks in December.

A spokesman confirmed the closure citing the "streamlining" of the corporation's activities, but wouldn't be drawn on numbers, figures or anything much come to that. µ