• News Feeds
Page last updated at 10:54 GMT, Friday, 18 January 2013

Chip make Intel sees profits slump

Advertisement

The world's biggest maker of silicon chips, Intel, which grew by putting chips most of the world's personal computers, is now facing an erosion of that market.

Profits are down 27% in the most recent quarter.

Intel still has revenues of $53bn but it is now worth less than Qualcomm, a much smaller rival that makes chips for phones and tablets which Dixons, as the Today programme heard on Thursday, were selling at a rate of five a second over the run up to Christmas.

Intel does not make these chips.

Steve Shakespeare, the consumer director for the UK and Europe at Intel, told Today business presenter Simon Jack that we are "seeing some significant changes in the overall landscape for computer devices in the market place."

The future is looking "very exciting" for personal computing, he insisted.


Get in touch with Today via email , Twitter or Facebook or text us on 84844.

SEE ALSO

Story Tools

BBC navigation

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific