Intel Corp’s Paul Otellini also announced that the company is rapidly boosting production of the Pentium chip and noted that prices for the systems using it are coming down faster than expected: The Pentium processor is really kicking into high gear, Otellini told the Technology Conference, adding that there are now more than 100 companies making Pentium-based computers and that prices for the systems are coming in at around $3,000 where it had been expected that Pentium systems would be closer to $5,000 in the first year of production; he gave no actual figures, but predicted Pentium systems would capture about 15% of the personal computer market in 1994 and that figure would grow to 25% by the fourth quarter; the microprocessor will be fabricated in five factories worldwide by the end of 1994, up from two wafer fabs currently; nevertheless, the company will continue to emphasise the 80486 microprocessor as well and will introduce several new versions of the chip next year; work on the P6 and P7 continues and P6 is on target for a 1995 launch.
