Intel’s New Markets

WSJ writes:

[Intel] told analysts that it will develop semiconductors for new varieties of hand-held gadgets, consumer-electronics products and portable computers for emerging economies. Each of the chip markets has total potential revenue of $10 billion a year, estimated Paul Otellini, Intel’s chief executive officer.

Defining characteristics of the new devices include broadband Internet access and low power consumption, Mr. Otellini said during the company’s annual analyst meeting in New York. The gadgets and the chips in them will command lower prices than Intel is accustomed to — requiring improved operating efficiency and advantages of a new manufacturing technology to keep the company’s profit margins up, he said.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.