Intel Corp. announced Monday that it is betting big on its “ultrabook” concept with its largest advertising campaign since 2003.
Chipmaker Intel’s dominance in the personal computer market has not been enough to hold onto revenue as consumers spend more on tablets and smart phones and less on desktops and laptops.
Intel Corp. said Monday that it now expects fourth quarter revenue of $13.4 billion to $14 billion. It had previously forecast revenue of $14.2 billion.
The suit alleges that Intel Corp., based in Santa Clara, paid billions in kickbacks to computer makers so that it could dominate the microprocessor market, and that it retaliated against manufacturers who did business with competitors.
Intel Corp. said its results for the latest quarter were better than expected as it milked strong corporate demand for PCs and the need for new computer servers to handle Internet traffic on mobile devices.
Intel Corp. said Wednesday that it has redesigned the electronic switches on its chips so that computers can keep getting cheaper and more powerful.
Apple is upgrading its iMac line of desktop computers with faster processors, higher-resolution cameras and a new type of data port.
Advanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.
Intel’s earnings rose 29 percent as strong spending by businesses on new computers helped the company overcome a serious product design error and fallout from the deadly earthquake and tsunami inJapan. An extra week in the quarter also helped.
Intel Corp. has launched a new chip for tablet computers, as the world’s most powerful semiconductor company aims to elbow its way into the market for mobile chips.