Though Intel Corporation (NASDAQ:INTC) has missed the bus of chips for mobile devices, it seems to be making up for it now. The company recently has unveiled new computer chip technology for handheld devices. The new chips will not only have good processing powers, but also prevent the heating and draining of battery of devices, a problem that earlier such chips from Intel Corporation (NASDAQ:INTC) had.
Michael Robinson from Money Map Press discussed the new chips from Intel Corporation (NASDAQ:INTC) on Fox Business, recently.
“They have got this new chip, that is designed specifically for tablets and mobile devices. Why this is important is Intel Corporation (NASDAQ:INTC) sort of missed the mobile wave here. They are known for very densely packed microprocessors that can do an enormous amount of computing power, but they tend to run hot and drain batteries and they have forerunner well in advance of today’s mobile devices, but it just didn’t work well enough. Now, they are going to target 40 million tablet sales over the next year to 18 months,” Robinson said.