Bucking the Downturn ; Microprocessor Giant Intel Appears Well Positioned to Weather the Global Economic Slowdown.

Summary

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Intel has got a lot to be smug about despite a challenging business environment. Third quarterly revenues were a record $10.2 billion (Rs 49,980 crore). Atom chips and chipsetswhich are targeted at low-end PCs and cheaper Internet access devices (called Netbooks)alone clocked over $200 million (Rs 980 crore) in sales. Dunnington, the company's six core processor developed and built entirely in India, was launched a quarter ahead of schedule. But the company is anything but complacent.

After all, there is the global recession to contend with, that has particularly hit financial services, which roughly account for over 15 per cent of Intel's server business revenues, hard. Slowdowns are known to severely impact IT budgets, including server and PC sales, but Intel's executives are not losing any sleep yet. Pat Gelsinger, Senior VP and General Manager of Intel's Digital Enterprise Group and one of its top executives, is still wearing a smile, albeit acautious one .

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Bucking the Downturn ; Microprocessor Giant Intel Appears Well Positioned to Weather the Global Economic Slowdown.

Gelsinger views the scenario from three standpoints. One, how Intel as a company is positioned. Two, customer alignment and fi...

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