Intel Corporation designs and manufactures advanced integrated digital technology platforms. The company sells these platforms primarily to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The company also develops and sells software and services primarily focused on security and technology integration. Segments The company operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments. PC Client Group: This segment includes platforms designed for the notebook (including Ultrabook devices), 2 in 1 systems, the desktop (including all-in-ones and high-end enthusiast PCs), and tablets; wireless and wired connectivity products; and home gateway and set-top box components. Data Center Group: This segment includes server, network, and storage platforms designed for the enterprise, cloud, communications infrastructure, and technical computing segments. Internet of Things Group: This segment includes platforms designed for embedded market segments, including retail, transportation, industrial, and buildings and home, along with a range of other market segments. Mobile and Communications Group: This segment includes platforms designed for the tablet and smartphone market segments; and mobile communications components, such as baseband processors, radio frequency transceivers, Wi-Fi, Bluetooth technology, global navigation satellite systems, and power management chips. Software and services: Software and services segments include software products for endpoint security, network and content security, risk and compliance, and consumer and mobile security from its McAfee business, and software products and services that promote Intel architecture as the platform of choice for software development. The All Other category consists primarily of the Non-Volatile Memory Solutions Group, the Netbook Group, and the New Devices Group segments. The company offers NAND flash memory products primarily used in solid-state drives. Its NAND flash memory products are manufactured by IM Flash Technologies, LLC (IMFT) and Micron Technology, Inc. (Micron). Products Platforms The company offers platforms that incorporate various components and technologies, including a microprocessor and chipset, a stand-alone system-on-chip (SoC), or a multichip package. A platform might be enhanced by additional hardware, software, and services. A microprocessor—The central processing unit (CPU) of a computer system—processes system data and controls other devices in the system. The company offers microprocessors with one or multiple processor cores. In addition, its Intel Core processor families integrate graphics functionality onto the processor die. A chipset sends data between the microprocessor and input, display, and storage devices, such as the keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives. Chipsets extend the audio, video, and other capabilities of many systems and perform essential logic functions, such as balancing the performance of the system and removing bottlenecks. The company offers and develops SoC products that integrate its CPUs with other system components, such as graphics, audio, imaging, communication and connectivity, and video, onto a single chip. SoC products enable ultra-mobile form factors, such as tablets, smartphones, Ultrabook devices, and 2 in 1 systems, as well as notebooks, desktops, data center products, and the Internet of Things. The company offers a multichip package that integrates the chipset on one die with the CPU and graphics on another die, connected via a lower-power, on-package interface. In 2014, the company introduced its 5th generation Intel Core processor, code-named ‘Broadwell’. The company also offers features designed to improve its platform capabilities. Intel vPro technology is a solution for manageability, security, and business user experiences in the notebook, desktop, and 2 in 1 systems market segments. The company also offers Intel Iris technology, which provides enhanced integrated graphics for its 4th and 5th generation Intel Core processors. In 2014, the company announced Intel RealSense technology, which includes software and depth cameras that enable more natural and intuitive interaction with personal computing devices. Research and Development The company’s research and development expenditures were $11.5 billion in 2014. Seasonality Historically, the company’s net revenue has been higher in the second half of the year than in the first half of the year, accelerating in the third quarter and peaking in the fourth quarter. Customers The company sells its products primarily to OEMs and ODMs. ODMs provide design and manufacturing services to branded and unbranded private-label resellers. In addition, the company sells its products to other manufacturers, including makers of a range of industrial and communications equipment. The company’s customers also include those who buy PC components and its other products through distributor, reseller, retail, and OEM channels throughout the world. In 2014, Hewlett-Packard Company (HP) accounted for 18% of its net revenue; Dell Inc. (Dell) accounted for 16% of its net revenue; and Lenovo Group Limited (Lenovo) accounted for 12% of its net revenue. Regulations Compliance with Environmental, Health, and Safety Regulations: The company uses various materials in its manufacturing process that have the potential to adversely impact the environment and are subject to various Environmental, Health, and Safety laws and regulations. The company works with the U.S. Environmental Protection Agency (EPA), non-governmental organizations (NGOs), OEMs, and retailers to help manage e-waste (including electronic products nearing the end of their useful lives) and to promote recycling. History Intel Corporation was founded in 1968. The company was incorporated in California in 1968 and reincorporated in Delaware in 1989.
intel corp (INTC:NASDAQ GS)
2200 Mission College Boulevard
Santa Clara, CA 95054
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