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Intel CEO expects more stability in semi market

by on26 February 2009


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Not sure if we've hit rock bottom


Intel CEO
Paul Otellini says the outfit is starting to see some predictability in its business, but it's still unclear if the market has hit the bottom.

Otellini commented the state of the semiconductor market on a conference Wednesday, following bleak forecasts by Gartner researchers who claim global semiconductor revenue will slip 24 percent this year.

Otellini is confident about netbook sales, describing them as the "only bright spot of growth in the PC industry,"  and he expects sales figures to keep growing. Intel's profit margin on netbook chips is higher than on low end notebooks, and the company still lacks any serious competition in the netbook market segment.

MIDs are the next big thing, and Otellini was enhusiastic about upcoming products based on the Atom platform. Intel is confident it will remain top dog in the MID market.

Otellini also commented on Intel's legal fight with Nvidia over chipset licenses, saying it was simply an attempt to "defent the status quo" on the part of Nvidia.

More here.
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