2min chapter

Founders cover image

#166 Robert Noyce (Intel)

Founders

CHAPTER

Noice's Decision to Lower Prices to Stimulate Demand

Gordon Moore has said that noice's decision to lower prices to stimulate demand so that the production volume could grow was as important an invention for the industry as the integrated circuit itself. more experienced curves and economies of scale would enable the company eventually to build the circuits for so little that would be possible to make a profit even on the seemingly ridiculously low price Gordon Moore explained whenever there's a problem you lower the price this was as revolutionary a concept to people within fair child as it was to their customers. at this point fair child is one of the fastest growing company companies in the country.

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