Intel revamps Atom platform for smartphone push

HELSINKI, May 5 (BestGrowthStock) – Intel (INTC.O: ), the world’s
largest semiconductor company, unveiled a new version of its
Atom platform, promising lower power consumption, cheaper cost
and smaller size to better target smartphones.

“Intel has delivered its first product that is opening the
door … in the smartphone market segment,” Anand Chandrasekher,
general manager of Intel’s Ultra Mobility Group, said in a
statement on Wednesday.

Intel aims to stake out a corner in the wireless market,
replicating what it did for the netbook category it now almost
completely dominates.

But analysts point to an uphill battle against Nvidia Corp
(NVDA.O: ), Marvell (MRVL.O: ) and Qualcomm Inc (QCOM.O: ), already
making headway with cheaper, low-power processors based on
designs by ARM Holdings (ARM.L: ). [ID:nN11169786]

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(Reporting by Tarmo Virki; Editing by Dan Lalor)

Intel revamps Atom platform for smartphone push