The LePhone -- an Intel Android -- is not expected to reach the U.S. market for some time, if at all

Intel Corp. (INTCturned in its latest financials and narrowly beat analyst expectations.  

I. Financials

The quarter's financials for the world's largest chipmaker were a bit quirky as last year's calendar quarter 1 had 14 weeks for Intel, while this one only had 13 weeks.  

While that would account for about a 7 percent drop in revenue, Intel's actual revenue dropped 13 percent to $12.9B USD (GAAP), compared to last year's Q1 results.  

Operating income, the company's non-interest earnings, came in at $3.8B/4.0B USD (GAAP/non-GAAP), while the net income -- which takes into account interest or depreciation -- was $2.74B/$2.9B USD (53 cents per share).  While this was down slightly from the $3.16B USD (GAAP) (56 cents per share) that Intel grabbed last year, it was a few cents better than the analyst consensus of 50.23 cents per share [source].

Intel sign
[Image Source: etechmag]

Intel predicts Q2 2012 revenue of $13.6B USD.  The company says it plans to spend $18.3B USD in 2011, to upgrade its plants and try to further its lead in chipmaking processes.

II. ARM Invades the PC Space, Intel Counters With Ivy Bridge

Intel is currently fighting a two-front war against ARM Holdings plc (LON:ARM) and its alliance of smartphone/tablet rebel chipmakers, the most prominent of which is Qualcomm Inc. (QCOM).  Qualcomm is moving to deploy Windows 8 RT powered ARM laptops this fall, leveraging its Snapdragon 4 platform's strong battery life and rich system-on-a-chip capabilities.  

Intel looks to counter with its Ivy Bridge chip line, which is expected to ship to market in June.  The new product was briefly delayed due to soft demand from system builders, which in turn was a result of components shortages attributed to 2011 Asian pressures from the Tohoku earthquake/tsunami which struck Japan and fall monsoon flooding in southeast Asia.

Ivy Bridge
Ivy Bridge is Intel's direct answer to ARM competitors in the PC space. [Image Source: Clubic]

Ivy Bridge is a die-shrink of the 32 nm Sandy Bridge.  The 22 nm chip will pack at least one major refinement, though, hosting a more powerful DirectX 11 capable on-die GPU.  The chips are expected to also boast much better power efficiency, thanks both to the die shrink and the company's new 22 nm 3D tri-gate (FinFET) transistors.

III. Intel's First Smartphone Creeps Quietly to Market

Meanwhile as ARM and Intel prepare their next generation offerings for battle in the PC space, Intel has just dropped it's first soldier into ARM's home country -- tablets and smartphones.

The K800 smartphone by Lenovo Group, ltd. (HKG:0992) that popped at the 2012 Consumer Electronics Show is finally making its way to market, powered by a 1.6 GHz 32 nm Intel Atom Z2460 processor.  The phone is Intel's first, making good on the company's long overdue processes regarding its Medfield Atom sub-family.

The K800 (which will be branded "LePhone" in some markets) is expected to run Android Gingerbread at launch.  It features a 4.5-inch screen 720p (1280x720 pixel) screen and 8-megapixel camera.

Lenovo LePhone
The Lenovo K800 -- the "LePhone" [Image Source: TNW]

Long-time Intel CEO Paul Otellini, who said during a conference call that a launch would come “later this week”, delivered the launch surprise.  The American market is not expected to receive any Intel phones until much later this year, if at all.  The LePhone will largely target the European and Asian markets.

Intel is expected to step up its smartphone efforts in 2013, when it brings its 22 nm die shrink to the Atom line.  The dramatic power savings of the die shrink and new 3D thin-gate FinFETs will, in theory, make it more competitive with ARM's designs that enjoy certain advantages at present architecturally in terms of power efficiency.

Benchmarks have suggested that Intel's Atom Medfield smartphone chips may be more powerful computationally than ARM's on a per-clock-cycle basis. 

Sources: Intel Corp., The Washington Post [K800 story]

"DailyTech is the best kept secret on the Internet." -- Larry Barber

Most Popular Articles

Copyright 2018 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki