Intel’s revenue from processors for PCs, laptops and tablets remains flat

Intel’s revenue of the Client Computing Group, which includes the sale of processors for PCs, laptops and tablets, has remained virtually unchanged at $ 8.9 billion. Turnover at other parts of the company did increase.

Intel delivered 7 percent fewer processors for PCs, laptops and tablets, but the average selling price per part increased by 7 percent. Notebook processor sales rose 2 percent, while desktop processor sales fell 6 percent. The Client Computing Group’s profit eventually rose by 8 percent, partly because the chip company supplied more Core i5s and Core i7s and reduced the costs for 14nm production. The company announced this when it published its quarterly results.

Intel released its eighth-generation Core processors, the so-called Coffee Lake generation, in the past quarter. The company has to contend with a waning PC market and increasing competition from AMD, which focuses on the lucrative gaming market with its Ryzen processors and also releases Ryzen chips for laptops this quarter.

The Client Computing Group still accounts for 55 percent of Intel’s revenue. The company is trying to achieve growth in its other divisions. Memory revenue, which includes the relatively new 3D X-Point and SSDs for data centers, rose 37 percent to $891 million. However, this part still made a loss: 52 million dollars compared to 82 million dollars last year. Internet-of-things revenue also rose by 23 percent. Together, memory and IoT now make up 11 percent of Intel’s revenue. Data Center Group revenue grew 7 percent to $4.9 billion.

Intel’s total quarterly revenue rose 2.4 percent to $15.8 billion. Profits rose 34 percent to $3.4 billion. Intel made significant cuts in costs last year, including for marketing. For example, the company has scrapped its annual Intel Developer Forum. At the same time, research & development costs have remained the same, at 19.7 percent of total turnover.