" /> " /> " />

Intel reports record earnings

14 October 2010

Paul Otellini, president and CEO of chip maker Intel has said that third-quarter results have set all-time records for revenue and operating income. The world's largest semiconductor chip maker by revenue has posted an 18% year-over-year surge in Q3 net profit to $11.1bn, while operating income and net income stood at $4.1bn and $3bn, respectively. Intel expects healthy worldwide demand for computing products of all types, Otellini said. "We are particularly excited about our next-generation processor, codenamed Sandy Bridge, and the many new designs around our Intel Atom processors in everything from the new Google TV products to a wide array of tablets based on Windows, Android and MeeGo operating systems," he added.

You might also like...

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications