Intel 2005 Annual Report Download - page 5

Table of Contents
PART I
Industry
We are the world’s largest semiconductor chip maker, developing advanced integrated digital technology platforms for the computing and
communications industries. Our goal is to be the preeminent provider of silicon chips and platform solutions to the worldwide digital economy. We
offer products at various levels of integration, allowing our customers flexibility to create advanced computing and communications systems and
products.
Intel’s products include chips, boards and other semiconductor components that are the building blocks integral to computers, servers, and networking
and communications products. Our component-level products consist of integrated circuits used to process information. Our integrated circuits are
silicon chips, known as semiconductors, etched with interconnected electronic switches.
We were incorporated in California in 1968 and reincorporated in Delaware in 1989. Our Internet address is www.intel.com . On this web site, we
publish voluntary reports, which are updated annually, outlining our performance with respect to corporate responsibility, including environmental,
health and safety compliance (these voluntary reports are not incorporated by reference into this Form 10-K). On our Investor Relations web site,
located at www.intc.com, we post the following filings as soon as reasonably practicable after they are electronically filed with or furnished to the
U.S. Securities and Exchange Commission (SEC): our annual report on Form 10-K, our quarterly reports on Form 10-Q, our current reports on
Form 8-K, our proxy statement on Form 14A related to our annual stockholders’ meeting and any amendments to those reports or statements filed or
furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended. All such filings are available on our Investor
Relations web site free of charge. The content on any web site referred to in this Form 10-K is not incorporated by reference into this Form
10-K unless expressly noted.
Products
Our products include microprocessors; chipsets; motherboards; flash memory; wired and wireless connectivity products; communications
infrastructure components, including network processors; application and cellular baseband processors; and products for networked storage.
Our customers include:
We believe that the end users of computing and communications systems and devices want products based on platform solutions. We define a platform
as a collection of technologies that are designed to work together to provide a better end-user solution than if the ingredients were used separately. Our
platforms consist of standards and initiatives such as WiFi and WiMAX; hardware and software that may include technologies such as Hyper-
Threading Technology (HT Technology), Intel
®
Virtualization Technology and Intel
®
Active Management Technology (Intel
®
AMT); and services.
In developing our platforms, we may include ingredients sold by other companies. We also believe that users of computing and communications
systems and devices want improved overall performance and/or improved performance per watt. Improved overall performance can include faster
processing performance and/or other improved capabilities such as multithreading and/or multitasking, connectivity, security, manageability,
reliability, ease of use and/or interoperability among devices. Improved performance per watt involves balancing the addition of these types of
improved performance capabilities in relation to the power consumption of the platform. Lower power consumption may reduce system heat output,
provide power savings and reduce the total cost of ownership for the end user.
1
ITEM 1.
BUSINESS
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original equipment manufacturers (OEMs) and original design manufacturers (ODMs) who make computer systems, cellular handsets and
handheld computing devices, and telecommunications and networking communications equipment;
•
PC and network communications products users (including individuals, large and small businesses, and service providers) who buy PC
components and board-level products, as well as our networking and communications products, through distributor, reseller, retail and OEM
channels throughout the world; and
•
other manufacturers, including makers of a wide range of industrial and communications equipment.