Intel says on track with Oak Trail tablet chips

* Intel says on track with chips for tablets

* Company eyes competitive power efficiency

* Tablet sales seen jumping 200 pct next year

SAN FRANCISCO, Nov 1 (BestGrowthStock) – Intel Corp (INTC.O: ) is on
track to launch an improved chip platform aimed at the
fast-expanding tablet market, where so far it has trailed
nimble competitors that specialize in cheap low-power
processors.

Code-named Oak Trail and due to begin shipping in early
2011, the chips have much-improved energy efficiency and hold
their own compared to processors made by rivals, Marketing
Director Anil Nanduri told Reuters.

“The biggest power part of the tablet is the panel. In
terms of an idle-use case we are competitive in a tablet usage
compared to any other solution out there,” he told Reuters in
an interview on Monday.

Sales of tablet computers have exploded since Apple Inc (Read more about Apple stock future.)
(AAPL.O: ) launched its iPad in January and Intel is anxious to
stake a claim in the market as manufacturers like Samsung
Electronics Co (005930.KS: ), Hewlett-Packard Co (HPQ.N: ) and Dell
Inc (DELL.O: ) launch competing products.

Tablet shipments should grow nearly 200 percent next year,
while notebooks and other PCs will expand just 13 percent,
according to a recent report by market research firm iSuppli.

Santa Clara, California-based Intel makes the
microprocessors that run eight out of 10 personal computers
around the world but it has struggled to get its chips into
smartphones.

The mobile market is dominated by UK-based ARM Holdings
(ARM.L: ), which licenses designs for energy-efficient chips to
Nvidia Corp (NVDA.O: ), Marvell Technology Group Ltd (MRVL.O: ) and
Qualcomm Inc (QCOM.O: ).

The microprocessor at the center of Oak Trail lets users
web browse or watch video for up to 12 hours without recharging
their batteries, an improvement from previous versions, Nanduri
said.
(Reporting by Noel Randewich; Editing by Richard Chang)

Intel says on track with Oak Trail tablet chips