Intel is pursuing new markets with its new processors, software and chips.
Intel is trying to find new outlets for its technology to reduce its dependence on a PC market that is on course to decline for the second straight year in 2013. Like other chip companies, Intel is aiming to cash in on a rush to bring Internet connectivity, remote monitoring and control to everything from power plants to household-utility meters.
Intel’s new offerings will enable the company to get its chips into “billions of devices that we’ve never been in before,” Steenman said.
Read more at Bloomberg.