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|Intel Corporation was incorporated in California in 1968 and reincorporated in Delaware in 1989. It is a semiconductor chip maker, which develops advanced integrated digital technology products, mainly integrated circuits, for industries such as computing and communications. The Company also develops platforms, which it define as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. It is reorganized its business to better align its major product groups around the core competencies of Intel(r) architecture and its manufacturing operations. After the reorganization, it has nine operating segments: PC Client Group-Delivering a high-quality computing and Internet experience through Intel architecture-based products and platforms, primarily for notebooks, netbooks, and desktops. Data Center Group-Delivering server, storage, and workstation platforms for small, medium, and large enterprises; Embedded and Communications Group-Delivering Intel architecture-based products as solutions for embedded applications through long life-cycle support, software and architectural scalability, and platform integration. Digital Home Group- Delivering Intel architecture-based products for next-generation consumer electronics devices with interactive Internet content and traditional broadcast programming. Ultra-Mobility Group-Building a business in the next-generation handheld market segment with low-power Intel architecture-based products. NAND Solutions Group-Delivering advanced NAND flash memory products for use in a variety of devices. Wind River Software Group-A wholly owned subsidiary delivering device software optimization products to the embedded and handheld market segments, serving a variety of hardware architectures. Software and Services Group-Delivering software products and services, in addition to promoting Intel architecture as the platform of choice for software development. Digital Health Group-Delivering technology-enabled products that are designed to reduce healthcare costs and connect people and information to improve patient care and safety. The Company designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. It strives to optimize the overall performance improvements of its products by balancing increased performance capabilities with improved energy efficiency. Increased performance can include faster processing performance and other improved capabilities, such as multithreading and multitasking. The Company offers products at various levels of integration, to allow its customers flexibility in creating computing and communications systems. It sells its products mainly to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). The semiconductor industry is dynamic, characterized by rapid advances in technology and frequent product introductions. During the year 2011, in addition to the McAfee acquisition, it completed eleven acquisitions qualifying as business combination.|
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