The company’s net profit nearly nearly one and a half times, and sales revenue grew more than eight percent in the last quarter from a year earlier.
The market has been concerned for some time that the advancement of tablets and smartphones, which, unlike personal computers, do not use Intel processors, could put pressure on the world’s largest chip maker. The company’s net profit nearly nearly one and a half times, and sales revenue grew more than eight percent in the last quarter from a year earlier. The gross profit margin rose by almost three percentage points to 67,5 percent. Analysts who told Dow Jones said the first quarter could also turn out well, with sales growth of as much as ten percent. The market has positively welcomed the company’s two-week-old, highly innovative chip, named Sandy Bridge, which combines solutions for graphics and traditional computing tasks in one system. Intel is raising its capital investment from $ 3,8 billion last year to $ XNUMX billion this year, from which it will renew the manufacturing technology of many of its plants.
Intel closed with better-than-expected results. [+]
Source: techpowerup.com
