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Intel CEO Market View 'More Robust' Than Last Year

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Intel CEO Market View 'More Robust' Than Last Year

Written by Mike Buetow
Thursday, 22 May 2008
MOUNTAIN VIEW, CA -- Intel's chief executive yesterday said emerging markets and the quest for productivity will mitigate US drops in PC demand. "The core markets that we serve today are strong and continue to grow," Paul Otellini told shareholders at a scheduled meeting. Intel has a "more robust view of the market than we had a year ago," he said, Bloomberg News reported. Intel owns a more than 70% share of the global market for PC microprocessors. The appetite for PCs is rising in developing countries as incomes climb, Otellini said, according to Bloomberg.

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