SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549


                          SCHEDULE 13G
                         (Rule 13d-102)


     INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS
             THERETO FILED PURSUANT TO RULE 13d-2(b)


               Pacific Century Cyberworks Limited
               -----------------------------------
                        (Name of Issuer)


                         Ordinary Shares
               -----------------------------------
                 (Title of Class of Securities)


                            694059106
               -----------------------------------
                         (CUSIP Number)


                        January 14, 2002
               -----------------------------------
     (Date of Event Which Requires Filing of this Statement)

Check  the appropriate box to designate the rule pursuant to which
this Schedule is filed:

    Rule 13d-1(b)
 X  Rule 13d-1(c)
    Rule 13d-1(d)

*The  remainder  of  this cover page shall be  filled  out  for  a
reporting person's initial filing on this form with respect to the
subject  class  of  securities, and for any  subsequent  amendment
containing information which would alter the disclosures  provided
in a prior cover page.

The information required in the remainder of this cover page shall
not  be deemed to be "filed" for the purpose of Section 18 of  the
Securities  Exchange Act of 1934 (the "Act") or otherwise  subject
to the liabilities of that section of the Act but shall be subject
to all other provisions of the Act (however, see the Notes).

                         Page 1 of 5 Pages



CUSIP No. 694059106           13G               Page 2 of 5 Pages


1.   NAME OF REPORTING PERSON:                  INTEL CORPORATION
     I.R.S. IDENTIFICATION NO. OF ABOVE                94-1672743
     PERSON:
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a)[  ]
                                                          (b)[  ]
3.   SEC USE ONLY

4.   CITIZENSHIP OR PLACE OF ORGANIZATION:               DELAWARE

                5.   SOLE VOTING POWER:                       -0-
  NUMBER OF
    SHARES      6.   SHARED VOTING POWER:          1,401,069,000*
                                                                *
 BENEFICIALLY
 OWNED BY THE   7.   SOLE DISPOSITIVE POWER:                  -0-
  REPORTING
 PERSON WITH    8.   SHARED DISPOSITIVE POWER:     1,401,069,000*
                                                                *

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE    1,401,069,000*
                                                                *
     REPORTING PERSON:
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9
     EXCLUDES CERTAIN SHARES*                                [  ]
11.  PERCENT  OF CLASS REPRESENTED BY  AMOUNT  IN           6.17%
     ROW 9:

12.  TYPE OF REPORTING PERSON:*                                CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

** See Item 4 below.



CUSIP No. 694059106           13G               Page 3 of 5 Pages


ITEM 1.   (a)  Name   of  Issuer:   Pacific  Century  Cyberworks
               Limited

          (b)  Address of Issuer's Principal Executive Offices:

               c/o 37/F., Citibank Tower, Citibank Plaza
               3 Garden Road
               Central, Hong Kong

ITEM 2.   (a)  Name of Person Filing:  Intel Corporation

          (b)  Address of Principal Business Office:

               2200 Mission College Boulevard
               Santa Clara, CA 95052-8119

          (c)  Citizenship or Place of Organization:  Delaware

          (d)  Title of Class of Securities:  Ordinary Shares

          (e)  CUSIP Number:  694059106

ITEM 3.   Inapplicable

ITEM 4.   Ownership.

          (a)  Amount beneficially owned: 1,401,069,000

          (b)  Percent of Class: 6.17%

          (c)  Number of shares as to which such person has:
               (i) Sole power to vote or to direct the vote: -0-
               (ii)  Shared power to vote or to direct the vote:
               1,401,069,000
               (iii)  Sole  power to dispose or  to  direct  the
               disposition of: -0-
               (iv)  Shared  power to dispose or to  direct  the
               disposition of: 1,401,069,000

          Intel Corporation ("Intel") does not directly own  any
          shares of the Issuer.  By reason of the provisions  of
          Rule  13d-3  under the Securities Exchange Act,  Intel
          may  be  deemed to own beneficially the shares of  the
          Issuer  owned  beneficially  by  Intel  Pacific,  Inc.
          ("Intel   Pacific")  and  Intel  Capital   Corporation
          ("Intel  Capital"), each a wholly-owned subsidiary  of
          Intel.  Intel Pacific owns or has the right to acquire
          859,500,000  shares of the Issuer.  Intel Capital  may
          be deemed to share beneficial ownership of 541,569,000
          shares  of  the  Issuer with Pacific Century  Regional
          Developments Limited ("PCRD").



CUSIP No. 694059106           13G               Page 4 of 5 Pages


ITEM 5.   Inapplicable

ITEM 6.   Ownership  of  More  than Five Percent  on  Behalf  of
          Another Person.

          Intel  does not directly own any shares of the Issuer.
          By  reason  of the provisions of Rule 13d-3 under  the
          Securities  Exchange Act, Intel may be deemed  to  own
          beneficially   the   shares  of   the   Issuer   owned
          beneficially by Intel Pacific and Intel Capital,  each
          a  wholly-owned  subsidiary of Intel.   Intel  Pacific
          owns or has the right to acquire 859,500,000 shares of
          the  Issuer,  representing 3.79% of the 22,693,349,346
          shares  of  the Issuer outstanding as of  January  13,
          2002.  Intel Capital may be deemed to share beneficial
          ownership  of  541,569,000 shares of the  Issuer  with
          PCRD,  representing 2.38% of the 22,693,349,346 shares
          of the Issuer outstanding as of January 13, 2002.

          To  the  best  knowledge of the Reporting  Person,  no
          person other than Intel Pacific and Intel Capital  has
          the  right  to  receive or the  power  to  direct  the
          receipt  of dividends from, or the proceeds  from  the
          sale  of,  the  shares reported in this Schedule  13G,
          except   that  pursuant  to  the  Securities   Lending
          Agreement (the "Securities Lending Agreement") and the
          Share Charge Agreement (the "Share Charge Agreement"),
          each  dated  January 14, 2002 between PCRD  and  Intel
          Capital, (i) PCRD only has the right to receive or the
          power  to direct the receipt of dividends from  shares
          lent  to Intel Capital that are not in Intel Capital's
          possession  to the extent that Intel Capital  receives
          such  dividends and (ii) PCRD does not have the  right
          to  receive  or  the power to direct  the  receipt  of
          proceeds from the sale of shares lent to Intel Capital
          until  such  shares have been returned to  PCRD.   For
          additional  information, see  the  full  text  of  the
          Securities  Lending  Agreement and  the  Share  Charge
          Agreement,   attached   as   Exhibits   13   and   15,
          respectively, to Amendment No. 3 to Schedule 13D filed
          with the Securities and Exchange Commission on January
          15, 2002, by Richard Li Tzar Kai and others.

ITEM 7.   Inapplicable

ITEM 8.   Inapplicable

ITEM 9.   Inapplicable

ITEM 10.  Certifications.

          By  signing  below I certify that, to the best  of  my
          knowledge and belief, the securities referred to above
          were not acquired and are not held for the purpose of,
          or  with  the  effect of changing or  influencing  the
          control  of the issuer of the securities and were  not
          acquired and are not held in connection with or  as  a
          participant in any transaction having that purpose  or
          effect.


CUSIP No. 694059106           13G               Page 5 of 5 Pages


                             SIGNATURE
After  reasonable  inquiry and to the best  of  my  knowledge  and
belief, I certify that the information set forth in this statement
is true, complete and correct.

Dated as of January 23, 2002

                               INTEL CORPORATION


                               By:   /s/ F. Thomas Dunlap, Jr.
                                     ----------------------------
                                     F. Thomas Dunlap, Jr.
                                     Senior Vice President,
                                     General Counsel and
                                     Secretary