Intel executives say manufacturing spinoff is possible

(Reuters) – The two executives leading Intel (NASDAQ:INTC) after the ouster of its chief executive said on Thursday that the company may spin out its manufacturing division.

Speaking at an investment banking conference, Co-Chief Executive Michelle Johnston Holthaus said she did not think would make sense to fully separate the company’s product and manufacturing divisions but that “someone will decide that.”

Co-Chief Executive David Zinsner outlined how the company has already begun separating manufacturing into a subsidiary to handle outside customers and that a full separation is “an open question, you know, for another day.”