In­tel is rais­ing the div­i­dend based on the view that the ex­plo­sive growth of data will drive con­tin­ued demand for In­tel prod­ucts

Dataquest - - CONTENTS -

Year 2018 was a re­mark­able year for In­tel with record rev­enue in ev­ery busi­ness seg­ment and record profits. In 2018, In­tel gen­er­ated rev­enue of USD 1,100 Mn. In 2018, ev­ery seg­ment of the busi­ness set new an­nual all-time rev­enue records.

The PC-cen­tric busi­ness (CCG) saw con­tin­ued strong demand for In­tel’s higher per­for­mance prod­ucts, and strength in com­mer­cial and gam­ing. CCG ex­panded its prod­uct port­fo­lio for 2019 with the launch of the 9th Gen In­tel Core pro­ces­sors and un­veiled “Ice Lake”, the 10nm-based PC pro­ces­sor, which is expected to be in OEM sys­tems on shelves for hol­i­day, 2019.

In­tel’s data-cen­tric busi­nesses grew 20 per­cent YoY in 2018. In­tel an­nounced that the “Cas­cade Lake” fam­ily of high-per­for­mance In­tel Xeon pro­ces­sors with ad­vanced AI and mem­ory ca­pa­bil­i­ties is now ship­ping.

The In­ter­net of Things Group (IOTG) rev­enue de­clined 7 per­cent YoY. How­ever, ex­clud­ing Wind River, which In­tel di­vested in the se­cond quar­ter, fourth-quar­ter IOTG rev­enue was up 4 per­cent YoY, de­spite sup­ply tight­ness.

In­tel’s mem­ory busi­ness (NSG) was up 25 per­cent YoY. In­tel’s Pro­grammable So­lu­tions Group (PSG) also was up 8 per­cent YoY driven by strength in the data cen­ter and com­mu­ni­ca­tions mar­ket seg­ments. Mo­bil­eye was up 43 per­cent YoY as cus­tomer mo­men­tum con­tin­ued. In 2018, Mo­bil­eye achieved 28 new de­sign wins and 78 ve­hi­cle model launches.

In­tel is de­liv­er­ing prod­uct lead­er­ship via six pil­lars of in­no­va­tion -- process, ar­chi­tec­ture, mem­ory, in­ter­con­nect, se­cu­rity fea­tures and soft­ware. It also made strong progress in AI, 5G, au­ton­o­mous driv­ing, etc.

In­tel listed weaker mo­dem demand, slow­down in China, cloud cus­tomers ab­sorb­ing ca­pac­ity and a weak­en­ing NAND en­vi­ron­ment as ar­eas to watch out for in 2019.

In­tel is ex­pect­ing a record 2019 rev­enue of ap­prox­i­mately $71.5 bil­lion. In­tel is fore­cast­ing an­other record year and rais­ing the div­i­dend based on the view that the ex­plo­sive growth of data will drive con­tin­ued demand for In­tel prod­ucts.


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