BBC Homepage World Service Education
BBC Homepagelow graphics version | feedback | help
BBC News Online
 You are in: Business
Front Page 
World 
UK 
UK Politics 
Business 
Market Data 
Economy 
Companies 
E-Commerce 
Your Money 
Business Basics 
Sci/Tech 
Health 
Education 
Entertainment 
Talking Point 
In Depth 
AudioVideo 

Tuesday, 2 January, 2001, 17:58 GMT
Intel 'to sell consumer products'
intel logo
The wrapping is soon to come off on Intel's portable digital audio player
Tech giant Intel is reportedly set to announce it will sell consumer products, starting with a portable digital audio player, which it hopes will offset a slowdown in growth in microchip sales to PC makers.

The player, to be called Pocket Concert, will reportedly feature up to four hours of music programming capability and is equipped with 128 megabytes of memory for storing digital audio in MP3 and Windows formats.

The device - to be unveiled on Friday at a consumer electronics show in Las Vegas - will go on sale initially at about $350 for player and an accessories kit, the Wall Street Journal reported on Tuesday.

Earlier last month, Intel became one of several tech giants to issue a warning that profits would not meet expectations.

It said the main reason was that PC sales were slower than expected across the world.

Intel's profit warning following a string of similar forecasts from other tech companies including Motorola, Apple, Hewlett-Packard and Gateway.

The California-based company derives 80% of its sales and profits from microprocessors.

Although sales of computer chips rose last year by 31%, Intel, the industry leader, lost market share and posted the slowest growth among the top 10 makers of semi-conductors, the devices used in mobile phones and personal electronic organisers.

Shares in Intel rose slightly in early trading Tuesday, up nearly 5%.

Search BBC News Online

Advanced search options
Launch console
BBC RADIO NEWS
BBC ONE TV NEWS
WORLD NEWS SUMMARY
PROGRAMMES GUIDE
See also:

20 Nov 00 | Sci/Tech
Intel's Pentium 4 debut
08 Dec 00 | Business
Intel, Microsoft hit by tech gloom
17 Oct 00 | Business
Intel, IBM post solid results
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories