Intel pins hopes on smartphones in 2011

Intel boss Paul Otellini hopes for growth in the smartphone and tablet PC market for its products in 2011
Intel boss Paul Otellini hopes for growth in the smartphone and tablet PC market for its products in 2011

Intel is pinning its hopes on the tablet PC and smartphone markets in 2011, hoping to sell more of its chips to phone and slate computer manufacturers next year.

Intel hopes to follow the success of Apple and Google in the mobile and tablet PC markets.

"Intel is moving in the right strategic direction but they still have a long way to go," said Hendi Susanto, an analyst at Gabelli & Company.

Via Reuters

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