Intel reported an 8% increase in revenues in the second quarter to 13.8 billion US dollars. PC Client Group revenue was up 6% year-on-year to 8.7 billion dollars, while Data Centre Group revenue was up 19% to 3.5 billion dollars. The world's largest chip maker said Internet of Things Group revenue was up 24% year-on-year to 539 million dollars, but Mobile and Communications Group revenue fell 83% to just 51 million dollars.
"Our second-quarter results showed the strength of our strategy to extend the reach of Intel technology from the data center to PCs to the Internet of Things," said Intel CEO Brian Krzanich. "With the ramp of our Baytrail SoC (systems on a chip) family, we have expanded into new segments such as Chrome-based systems, and we are on track to meet our 40 million unit tablet goal. In addition, we hit an important qualification milestone for our upcoming 14nm Broadwell product, and expect the first systems to be on shelves during the holidays." source: Intel statement