Intel gets more revenue from laptop and desktop processors

Intel’s revenue from laptop and desktop processors rose in the past quarter. In particular, the business market and the game segment did well, according to the chip giant. Shipments and the average selling price per processor also increased.

Intel’s quarterly revenue from laptop processors increased 13 percent from the third quarter of last year, and from desktop chips by 9 percent. Overall, PC processor shipments grew 6 percent, mainly due to a growth in laptop processors as the average retail price of mobile processors increased by 4 percent, compared to 10 percent for desktop processors.

Intel faced shortages in its processor supply as the PC market grew more than expected. As a result, more and more chips have to be made at 14nm, because 10nm has been postponed. In the explanation of the quarterly figures, in the transcript on SeekingAlpha, Intel states that the deficits in the past quarter were still not too bad and that they will have a greater impact in the fourth quarter.

The revenue of the Client Computing Group, which includes PC processors, increased 16 percent to $10.2 billion. A 66 percent growth of the division that makes modems helped. That quarterly revenue was 1.2 billion dollars, mainly because Intel supplies its modems to Apple for the iPhone.

The Data Center Group’s revenue increased 26 percent to $6.1 billion, while the IOT Group achieved sales of $919 million, 8 percent more than last year. The memory division saw sales grow 21 percent to $1.1 billion and 64-layer NAND for SSDs already accounts for 50 percent of sales.

Total revenue rose 19 percent to $19.2 billion and net profit increased 42 percent to $6.4 billion. It is Intel’s third record quarter in a row and the manufacturer expects 2018 to be a record year, despite the problems with Specter and Meltdown, the departure of CEO Brian Krzanich, increased competition from AMD and the problems with 10nm production.