Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major fixes.

NTU alumnus Tan Lip-Bu has been appointed the new CEO of Intel. A highly accomplished technology leader, he has outlined his determination to drive the turnaround of one of the world’s largest chipmakers,

In his letter to Intel employees, new chief executive officer Lip-Bu Tan, who starts his new job next Tuesday, tells them that he is “never deterred by