Intel 2010 Annual Report Download - page 6

Table of Contents
PART I
Company Overview
We are the world’s largest semiconductor chip maker, based on revenue. We develop advanced integrated digital technology,
primarily integrated circuits, for industries such as computing and communications. Integrated circuits are semiconductor
chips etched with interconnected electronic switches. We also develop computing platforms, which we define as integrated
hardware and software computing technologies that are designed to provide an optimized solution. Our goal is to be the
preeminent computing solutions company that powers the worldwide digital economy. We are transforming from a company
with a primary focus on the design and manufacture of semiconductor chips for PCs and servers to a computing company that
delivers complete solutions in the form of hardware and software platforms and supporting services.
We were incorporated in California in 1968 and reincorporated in Delaware in 1989.
In the first quarter of 2011, we completed the acquisition of the Wireless Solutions (WLS) business of Infineon Technologies
AG. See “Acquisitions and Strategic Investments” later in this section for a description of that business.
Distribution of Company Information
Our Internet address is www.intel.com . We publish voluntary reports on our web site that outline our performance with
respect to corporate responsibility, including environmental, health, and safety (EHS) compliance.
We use our Investor Relations web site, www.intc.com, as a routine channel for distribution of important information,
including news releases, analyst presentations, and financial information. We post filings as soon as reasonably practicable
after they are electronically filed with, or furnished to, the U.S. Securities and Exchange Commission (SEC), including our
annual and quarterly reports on Forms 10-K and 10-Q (including related filings in XBRL format) and current reports on Form
8-K; our proxy statements; and any amendments to those reports or statements. All such postings and filings are available on
our Investor Relations web site free of charge. In addition, our web site allows interested persons to sign up to automatically
receive e-mail alerts when we post news releases and financial information. The SEC’s web site, www.sec.gov, contains
reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. The
content on any web site referred to in this Form 10-K is not incorporated by reference in this Form 10-K unless expressly
noted.
Products
We design and manufacture computing and communications components, such as microprocessors, chipsets, motherboards,
and wireless and wired connectivity products. Our platforms incorporate software to enable and advance these components.
We strive to optimize the overall performance of our products by improving energy efficiency, seamless connectivity to the
Internet, and security features. Improved energy efficiency is achieved by lowering power consumption in relation to
performance capabilities, and may result in longer battery life, reduced system heat output, power savings, and lower total cost
of ownership. Increased performance can include faster processing performance and other improved capabilities, such as
multithreading, multitasking, and processor graphics. Performance can also be improved by enhancing interoperability among
devices, storage, manageability, utilization, reliability, and ease of use.
Our vision is to create a continuum of personal computing experiences based on Intel
®
architecture. This continuum would
give consumers a set of secure, consistent, and personalized computing experiences with a variety of devices that connect to
the Internet and each other. Our goal is to provide consistency and interoperability between devices that are connected
seamlessly and require computing capability both locally and in cloud computing. Cloud computing is a group of linked
servers that provides a variety of applications and data to users over the Internet.
Components
Microprocessors
A microprocessor—the central processing unit (CPU) of a computer system—
processes system data and controls other devices
in the system. We offer microprocessors with one or multiple processor cores designed for notebooks, netbooks, desktops,
servers, workstations, storage products, embedded applications, communications products, consumer electronics devices, and
handheld devices. Multi-core microprocessors can enable improved multitasking and energy-efficient performance by
distributing computing tasks across two or more cores.
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ITEM 1. BUSINESS