Friday, September 20, 2013

Intel Shows Off New Products at Developer Forum (INTC)

The Santa Clara-based semiconductor juggernaut Intel Corp. (INTC) revealed a slew of new products at this year’s Intel Developer Forum in San Francisco.

Intel unveiled a host of consumer electronics products that it hopes will catch on with the mobile revolution. One of the most exciting announcements was the first fanless ultrabook laptop, and the company plans to team up with tablet makers to gain a foothold in that market; by the upcoming U.S. holiday season, there should be more than 20 Android and Windows 8 tablets based on Intel’s new “Bay Trail” CPU. The company also plans to release a 20nm SoC chip for smartphones as well as number of “wearable” electronics including a watch as well as a bracelet based on Intel hardware.

Intel shares sank lower on Wednesday, shedding 0.76% on the day. The company is up nearly 11% YTD.

No comments:

Post a Comment