Intel Looks to Smartphones, Tablets, Networking as Growth Areas
The slumping PC market has not been kind to Intel, or many other vendors, including Hewlett-Packard, Dell and Advanced Micro Devices. And like those other vendors, Intel is looking to expand into growth areas and lessen its dependence on PCs, which is important, given that its PC Client Group accounted for $8 billion of the $12.6 billion in revenue Intel generated in the first quarter. For the giant chip maker, this means not only finding new devices for its silicon technology—including smartphones, tablets and microservers—but also becoming a larger presence in the data center, from solid-state drives (SSDs) and software-defined networking (SDN) to software, security and a range of reference designs for such areas as rack architectures and networking. Intel also is creating a burgeoning foundry business. In a conference call to talk about the latest quarterly financial numbers, outgoing CEO Paul Otellini discussed the company's efforts during his tenure to greatly expand the reach of Intel's technology. "We compete wherever there is computing," Otellini said. Here is a sampling of some of the areas in the tech industry Intel is looking to become a larger player in.