Strong demand for notebooks helps Intel achieve record sales

Source: Heise.de added 22nd Jan 2021

  • strong-demand-for-notebooks-helps-intel-achieve-record-sales

Intel recorded slightly lower sales and profits in the fourth quarter of last year. However, they have fallen less than expected. Intel closes the full year 2020 with a new sales record.

As recently as October, Intel had a significant drop in sales for the last quarter 2020 to 17, $ 4 billion feared. It turned out to be 20 billion dollars. Nevertheless, sales are one percent below the same quarter last year. Operating profit fell percent to $ 6.3 billion. The net profit in the fourth quarter 2020 is even by 15 percent also fell to 5.9 billion dollars.

Fifth record year in a row In the entire year 2020 Intel 39 has turned over 9 billion dollars, eight percent more than 2019. According to outgoing Intel boss Bob Swan, it is the fifth record year in a row. Operating profit increased seven percent to 23 $ 7 billion. Net profit is slightly lower at 20 .9 billion dollars.

Main reason for the increased numbers is Intel’s PC division. Sales of PC products increased by 23 percent in the fourth quarter and by 15 percent increased. Here, Intel recorded higher revenues, especially in the notebook area, and slightly less in the desktop segment. However, the average sales prices of notebook products have fallen somewhat, while they have increased minimally in the desktop area.

Intel was able to offer professional products for data centers 2020 also achieve record sales. However, sales fell by 20 percent. With the Internet of Things (IoT), Intel has to see a sales decrease of 15 percent in the quarter or 21 Accept percent for the full year. Mobileye, which offers optical recognition systems for vehicles, posted an increase in sales of 39 percent in the most recent quarter. However, the Israeli subsidiary is the smallest reported group unit with annual sales of less than one billion US dollars.

For the current first quarter 2021 Intel expects sales of 18 6 billion dollars. That would be six percent less than in the first quarter 2020, than Intel 19, achieved sales of 8 billion.

7-nanometer products 2023 – Hinton returns back The upcoming Intel boss Pat Gelsinger took part in the presentation of the quarterly results, although he won’t officially take up his post until mid-February. In a question and answer session with financial analysts, Gelsinger underscored Swan’s previous 7-nanometer plans. 2023 most Intel products will be based on 7 nanometer technology, but according to Gelsinger, Intel will also use external chip factories. Gelsinger will only decide more details after internal discussions and detailed analyzes.

Intel veteran Glenn Hinton will also return after three years of retirement. The CPU architect says he has been thinking about it since November; Gelsinger’s commitment made the decision easier. Hinton was instrumental in the development of the Pentium Pro over the past millennium. Its P6 architecture can still be found in the core versions such as the still current Skylake processors.

(fds)

Read the full article at Heise.de

brands: Boss  Core  Especially  First  Intel  It  New  One  Pro  Strong  Unit  
media: Heise.de  
keywords: Internet  notebook  PC  Pentium  

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