Intel's 2Q13 Earnings, CEO Pushes for Intel Atom ‘Bay Trail’ 22nm Processor
Intel's CEO Brian Kranich had his first earnings call. The chip giant's head post revealed his strategy on pushing Intel's growth and development. For the second quarter of 2013, Intel reported $12.8 billion in revenue. Net income came at $2 billion for the current quarter. This is 2 percent down from 2012's record.
Although Intel did not perform great in the second quarter, the Data Center Group outdid the PC Client Group. Revenue for PC Client Group was $8.1 billion - this is a 7.5 percent lower year-over-year. Data Center Group, meanwhile, reported $2.7 billion - this is flat year-over-year.
Kranich revealed he has everything planned to improve Intel's performance. The CEO also mentioned that has been working on his strategy ever since he took the post of CEO.
"The last two months have been exciting for me," Mr Krzanich said at the time of Intel's earnings call.
"I've spent the majority of my time meeting with customers, employees, and my executive team. I have heard a wide variety of views about our industry and Intel, how we're positioned, where we're strong and where we can improve," he added.
One of the focus areas of Intel is their Atom processor. Specifically, the company has been working on the generation architecture codenamed Silvermont.
"The Silvermont architecture will deliver up to 5x reduction in power at the same level performance or up to a 3x improvement in performance over our prior generation of architecture," Mr Krzanich explained.
The chip giant's CEO emphasized the unique value of Silvermont. It has something to offer different markets like data centers, mobile devices and IT.
"We will move Atom even faster to our leading-edge silicon technology and focus on the SOC integration of key components like graphics, communications and other devices," Krzanich said.
"This does not mean we will lessen the value or leadership of our Core product family, but rather make Atom an equal player in technology leadership for the ultra-mobile space, and both product lines will be driving Intel's future."