Corporations began to transfer employees to remote work, and educational institutions transferred students to distance education. A surge in demand for laptops in this situation is noted by all participants in the trade and production chain. Intel claims that the growth in demand was not entirely unexpected for her.
In an interview with the TV channel CEO Robert Swan explained that the increase in demand for laptops during the self-isolation of users was logical and intuitive. This trend did not take Intel management by surprise, as the company had already expected a fairly high level of demand for products. In addition, it has been ramping up production capacity for a long time due to a shortage of processors, and this has helped mitigate the surge in load. Recall that this year Intel has committed itself to increase the production of processors by 25% from last year. The head of Intel noted that demand for server processors also increased in the first quarter.
Intel's quarterly report will be published on April 23, and analysts are anxiously waiting for the company's management's forecasts for the current quarter. In January, even before the spread of the coronavirus outside China, the corporation expected to earn $19 billion in the first quarter. Throughout the quarter, the company's management did not get tired of repeating that enterprises operate in conditions close to normal, and 90% of all products are delivered on time. Now Intel is making efforts to ensure that its enterprises around the world are included in the list of industries that have the right to operate in conditions of isolation.
Source: 3dnews.ru