Buffalo, NY 1/15/2010 10:59:18 PM
News / Business

Decreased Demand for Desktop Could Hinder Intel

Although Intel reported better than expected fourth-quarter earnings, some are a little weary with their future. Demand on desktop computers is slowly diminishing and this will in turn hurt Intel. 2010 could be a challenging year for INTC, so keep an eye out and be prepared for anything.

 

 

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Intel Corporation is a semiconductor chip maker. The Company is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. Its primary component-level products include microprocessors, chipsets, motherboards, wired and wireless connectivity. The Company offers products at various levels of integration, allowing its customers the capability to create computing and communications systems. As of December 27, 2008, the Company was mainly organized in two segments: Digital Enterprise Group (DEG) and Mobility Group (MG). During the fiscal year ended December 27, 2008 (fiscal 2008), the Company completed the divestiture of its NOR flash memory business. In July 2009, Intel Corporation completed the acquisition of Wind River Systems, Inc.

 

 

 

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