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Intel has posted a record $AUD 10.5 billion in revenue and says it expects its Atom chip for mobile applications to lead future growth as the crossover from the desktop to the notebook accelerates.
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Intel said its microprocessor “business strength and strong execution helped the company overcome the challenging flash memory market in which the company’s combined NOR and NAND chip revenues fell 15 per cent” from the last quarter.
Intel says there is a steady demand for its processors and chipsets across all market segments and says it is growing its revenue base by “achieving an ever-growing number of design wins for its new Atom microprocessor family for mobile applications”.
Also the company feels that the crossover from the desktop to the notebook appears to be happening a year earlier than Intel had expected- all adding to the positive financial results.
