Intel notes increase in demand for its products last quarter

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The increase is due to increased laptop sales

Intel announced an increase in demand for its products – processors and chipsets – in the first quarter. This increase is associated with an increase in sales of personal computers, primarily laptops, due to the rise in the number of people who work and study remotely due to an outbreak of coronavirus.

Intel
Intel

Intel notes increase in demand for its products last quarter

“This is quite logical and intuitive. Where our lives are disturbed, and we need to do more and more things from our home, we must ensure that we have the technology at our disposal so that everything can go as normal as possible,” said Intel CEO Bob Swan commented on the situation. ) in an interview with Bloomberg Television. “This means the need for more and more devices, including PCs, so that parents can do their work and children can continue their education.”

Intel’s first-quarter report will be released on April 23. In January, before the COVID-19 pandemic was announced, the company forecast revenue close to $ 19 billion.

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