Mobile Processor Sales Drive Intel Earnings - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Business & Finance
05:59 PM

Mobile Processor Sales Drive Intel Earnings

Intel's dominance in providing processors for notebook computers continued to propel the company to record revenue in the second quarter, but a challenge from rival Advanced Micro Devices Inc. looms in both the courts and the mobile market.

Sales of chips designed for mobile computers surged 68% in the quarter compared with the same one last year. Intel also reported record shipments of chips for wireless devices and flash memory for cell phones.

Intel's Centrino mobile platform utilizing its Pentium M processor has been a major success story over the past two years. But AMD in March introduced its Turion 64 mobile platform for 32- and 64-bit Windows-compatible processors, which has garnered socket wins at Hewlett-Packard and Acer Co. AMD has sued Intel in the United States and Japan, alleging the company has engaged in illegal monopolistic practices.

For the quarter, Intel reported net income of $2.0 billion on revenue of $9.2 billion, compared with net income of $1.8 billion on revenue of $8.0 billion in the same quarter a year ago. Intel said it expects its third-quarter revenue to be between $9.6 billion and $10.2 billion.

In the second half of the year Intel plans to ramp up high-volume production of its dual-core processors, begin utilizing a 65-nanometer manufacturing process, and introduce new platform-level products.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Future IT Teams Will Include More Non-Traditional Members
Lisa Morgan, Freelance Writer,  4/1/2020
COVID-19: Using Data to Map Infections, Hospital Beds, and More
Jessica Davis, Senior Editor, Enterprise Apps,  3/25/2020
Enterprise Guide to Robotic Process Automation
Cathleen Gagne, Managing Editor, InformationWeek,  3/23/2020
Register for InformationWeek Newsletters
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll