Key Developments: Intel Corp (INTC.O)

INTC.O on Nasdaq

11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Intel Corp raises Q2, FY 2014 revenue guidance
Thursday, 12 Jun 2014 04:05pm EDT 

Intel Corp:Says as a result of stronger than expected demand for business PCs, it now expects Q2 2014 revenue to be $13.7 billion, plus or minus $300 million, as compared to the previous range of $13.0 billion, plus or minus $500 million.Expects some revenue growth for FY 2014 as compared to the previous outlook of about flat.Reported revenue of $52.71 billion in FY 2013.Q2 2014 revenue of $13.02 billion - Thomson Reuters I/B/E/S.FY 2014 revenue of $53.06 billion - Thomson Reuters I/B/E/S.  Full Article

San José Implements Intel Corp's technology for a smarter city
Wednesday, 11 Jun 2014 12:30pm EDT 

Intel Corp:Says The city of San José and Intel Corporation are collaborating on public-private partnership to further the city's Green Vision goals.Project, known as Smart Cities USA, is expected to help drive San José's economic growth, foster 25,000 clean-tech jobs, create environmental sustainability and enhance the quality of life for residents.  Full Article

Xi3 Corporation enters into agreement with Intel Corp
Monday, 9 Jun 2014 09:00am EDT 

Intel Corp:Xi3 Corporation entered into a multi-phase agreement with Intel Corporation to develop, manufacture and sell next-generation Micro-Mini PCs, including Intel's successful Intel NUC (next unit of computing) computers.Xi3 will initially work with Intel to further commercialize Intel NUC-based systems to global enterprise and government customers.Says the companies will also work together on new ultra-small form factor computing products leveraging Xi3's Intellectual Property and Intel's low power processor technology.Xi3 has developed and patented award-winning Xi3 Modular(tm) Computers _ softball-sized computers that are powerful yet energy efficient.Machines are designed to run the most popular x86-based, 64-bit operating systems and software applications.Additional details of this partnership and the joint multi-phased agreement will not be disclosed at this time.  Full Article

Intel Corp enters into strategic agreement with Rockchip
Tuesday, 27 May 2014 12:00pm EDT 

Intel Corp:Enters into strategic agreement with Rockchip to expand breadth of and accelerate rate at which it brings its Intel architecture and communications-based solutions to market for range of entry-level Android tablets worldwide.Under terms of agreement, two companies will deliver an Intel-branded mobile SoC platform.Quad-core platform will be based on an Intel Atom processor core integrated with Intel's 3G modem technology.  Full Article

Apple, Google, Intel , and Adobe To Settle Anti-Poaching Suit
Thursday, 24 Apr 2014 04:09pm EDT 

Kelly M. Dermody:Says that a settlement has been reached with Apple Inc., Google Inc., Intel Corporation, and Adobe Systems Inc.In the class action lawsuit charging that these companies violated federal antitrust laws by conspiring for years to suppress the pay of technical, creative, and research and development employees, including by agreeing not to actively recruit each other's employees.Terms of the settlement are confidential until Plaintiffs file their settlement papers with the Court next month.  Full Article

Intel Corp gives Q2 2014 revenue guidance in line with analysts' estimates; reaffirms FY 2014 revenue guidance - Conference Call
Tuesday, 15 Apr 2014 05:00pm EDT 

Intel Corp:Expects Q2 2014 mid point of revenue range at $13 billion.Expects FY 2014 revenues to be about flat to FY 2013.Reported revenue of $ 52.708 billion in FY 2013.Q2 2014 revenue of $12.956 billion - Thomson Reuters I/B/E/S.FY 2014 revenue of $53.148 billion - Thomson Reuters I/B/E/S.  Full Article

Intel Corp lays off of 1,500 employees in Costa Rica-Business Standard
Tuesday, 8 Apr 2014 04:05pm EDT 

Intel Corp:Is reducing its assembly and testing operations in Costa Rica and will lay off 1,500 employees-Business Standard.2,700 people were employed at an assembly plant installed in 1998.  Full Article

Intel completes acquisition of BASIS Science Inc
Tuesday, 25 Mar 2014 03:27pm EDT 

Intel Corp:Completes the acquisition of BASIS Science Inc, provides wearable device technologies for health and wellness applications.  Full Article

Intel Corporation declares quarterly cash dividend
Wednesday, 19 Mar 2014 09:15am EDT 

Intel Corporation:Declares quarterly dividend of $0.2250 per share.Payable on June 1 to stockholders of record on May 7.  Full Article

Intel Corp terminates agreement with Rackwise Inc - Form 8-K
Tuesday, 25 Feb 2014 05:05pm EST 

Rackwise Inc:Says Intel Corp has terminated the Dec. 5, 2011 Software Integration and License Agreement for non-payment of software license royalties in the approximate amount of $463,000.  Full Article


Samsung, Intel, Dell team up on standards for connected gadgets

SAN FRANCISCO - Samsung Electronics, Intel Corp and Dell have joined to establish standard ways for household gadgets like thermostats and light bulbs to talk to each other, at odds with a framework backed by Qualcomm, LG Electronics and other companies.

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