Intel 2014 Annual Report Download - page 6

PART I
ITEM 1. BUSINESS
Company Overview
We design and manufacture advanced integrated digital technology platforms. A platform consists of a microprocessor and
chipset, and may be enhanced by additional hardware, software, and services. We sell these platforms primarily to original
equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment
manufacturers in the computing and communications industries. Our platforms are used to deliver a wide range of computing
experiences in notebooks (including Ultrabook™ devices), 2 in 1 systems, desktops, servers, tablets, smartphones, and the
Internet of Things (including wearables, transportation systems, and retail devices). We also develop and sell software and
services primarily focused on security and technology integration. We were incorporated in California in 1968 and reincorporated
in Delaware in 1989.
Company Strategy
Our vision is if it is smart and connected, it is best with Intel. As a result, we offer complete and connected computing solutions,
both hardware and software, and continue to drive “Moore’s Law.” Over time, the number of devices connected to the Internet
and to one another has grown from hundreds of millions to billions. This number continues to grow and the variety of devices also
continues to increase. The combination of embedding computing into devices and connecting them to the Internet, known as the
Internet of Things, as well as a build-out of the cloud infrastructure supporting these devices, is driving fundamental changes in
the computing industry. As a result, we are transforming our primary focus from the design and manufacture of semiconductor
chips for personal computers (PCs) and servers to the delivery of more complete platform solutions consisting of hardware and
software platforms and supporting services. These solutions span the compute continuum, from high-performance computing
systems running trillions of operations per second to embedded applications consuming milliwatts of power. Additionally,
computing is becoming an increasingly mobile, personal, and ubiquitous experience. End users value smart devices that connect
seamlessly and securely to the Internet and to each other. We enable this experience by innovating around energy-efficient
performance, connectivity, and security.
To succeed in this changing computing environment, we have the following key objectives:
•relentless pursuit of Moore’s Law to maximize and extend our manufacturing technology leadership;
•strive to ensure that Intel
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technology is the best choice across the compute continuum, including PCs, data centers, ultra-
mobile devices, and the Internet of Things;
•expand platforms into adjacent market segments to bring compelling new System-on-Chip (SoC) solutions and user
experiences to ultra-mobile form factors including tablets and smartphones, as well as PC platforms (including Ultrabook
devices, 2 in 1 systems, and all-in-ones), data center applications, and the Internet of Things (including wearables,
transportation systems, and retail devices);
•increase the utilization of our investments in intellectual property and research and development (R&D) across all market
segments;
•be the platform of choice for any operating system;
•expand data center, security, and big data analytics;
•scale our manufacturing capabilities into foundry; and
•strive to reduce the environmental footprint of our products and operations as well as be an asset to the communities we
work in.
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