Boston, MA 10/02/2013 (wallstreetpr) – Intel Corporation’s (NASDAQ:INTC) Chief Executive Officer, Brian M. Krzanich’s is focusing on getting the international chip manufacture leader well positioned in the mobile segment. INTC also has an eye on smart grids. The Californian conglomerate seems to have slowed its effort to make inroads into the web TV domain.
The smart grid industry is dominated by Europe, and the dynamics are not about to be shifted in the near future. INTC has approached Alstom SA (ALO), a French organization, and Eon SE, a German company for alliances in the field. The smart grids market is an appealing means of expansion for the chipset provider. In an increasingly sustainability sensitive world, smart grids operate to enrich performance of renewable energy generators. The smart grids enable generators to monitor energy usage and trigger consumption supply adjustment.
Unlike the traditional microprocessors and chipset business, INTC has wide and extensive competition in the smart grid segment. The organization, however, aims to acquire a sizable market. The web Television space, on the other hand, may not be an easy catch, distinct as it is from the company’s core competency. The organization has held talks with Samsung and Amazon for its Internet TV provision ambitions. Web TV not only affords consumers the luxury of tuning in to their favorite TV airings as per their convenience, but also allows them to login from a variety of devices, namely desktop systems and laptops, mobile phones and iPads.
With the demand for its focal product, microprocessors and chips dwindling, INTC is working to design microchips for mobiles and other portable devices. INTC recently replaced their earlier microchip, Atom with the smaller, and more energy efficient Quark. INTC competes with Qualcomm Inc. (QCOM) and Google Inc (GOOG) in the newer microchip for portable devices industry.
