Intel sales, profits slide for 2012, but data center business growing

Intel saw its sales and profits drop in 2012 as the company was hit by slower demand for personal computers and its continued inability to make it big in the smartphone and tablet markets, although its data center business continued to grow. The world's biggest chip maker reported revenue of US$53.3 billion for the year, down 1.2 percent compared with 2011, and posted net income of $11 billion, down 15 percent. Full-year revenue...

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With Intel's Otellini phasing out, new CEO may bring fresh mobile focus

Intel CEO Paul Otellini is getting ready to leave the company, and analysts say this could be a good change for the world's largest chip maker. Intel announced on Monday that Otellini, 62, will retire in May after nearly four decades with the company. The company's board of directors will conduct a search for his replacement. Intel CEO Paul Otellini gives a keynote address during the Consumer Electronics Show in Las...

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