Intel Corp - Early History, Shift From Memory Chips To Microprocessors, Attempted Shift From Microprocessors To Networking And Internet Technology
The world's largest maker of microprocessors, Santa Clara, California-based Intel Corp. also is one of the five most profitable manufacturing companies of any business sector. In 2000, the firm posted earnings of $10.5 billion on revenues of $33.7 billion. Although Intel spent considerable effort attempting to move into new markets—such as communications and networking equipment and Internet hosting services in the late 1990s—it essentially remained a PC chip maker, with an 80-percent share of the market in 2001.
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