NEW YORK (TheStreet) –
Intel investors are hoping to hear more about the company’s mobile strategy when it reports first-quarter earnings after the close of trading.
Intel, the largest chipmaker, has been aggressively pushing into smartphones and tablets, as it seeks to take market share away from ARM Holdings, which has a 95% market share in smartphones, according to its 2011 annual report.
Intel reports first-quarter earnings today
At the 2012 Consumer Electronics Show, Intel announced it had signed deals with Motorola Mobility and Lenovo using its “Medfield” line of chips. Morningstar analyst Andy Ng noted that Intel has also signed deals with ZTE, Orange (the wireless unit of France Telecom) and Lava.
Click to view a price quote on INTC.Click to research the Electronics industry.
Read this article: Intel Poised For Mobile Push
Penny Stock Picks