TechTaffy

tech:

taffy

Intel Changing Reporting Structure

By TechTaffy Desk

intel

Intel is changing its financial reporting structure beginning with the company’s first-quarter earnings report on Tuesday, April 15. The changes in how its reporting on operating segments, will be reflecting changes in its organizational model, says the chipmaker.

What is changing?

  • PC Client Group (PCCG): PCCG will now include the results of gateway and set-top box business, previously reported as the Service Provider Group within the other Intel architecture (Other IA) operating segments.
  • Data Center Group (DCG): DCG will now include the communications infrastructure portion of the Intelligent Systems Group, which had been previously reported in the Other IA operating segments.
  • Internet of Things Group (IOTG): The newly formed IOTG includes the embedded portion of the Intelligent Systems Group. Wind River will also transfer from the software and services operating segments to be part of the newly formed IOTG.
  • Mobile and Communications Group (MCG): MCG includes the Phone Group, the Tablet Group and Multi-Comm, all previously part of the Other IA operating segments.
  • Software and services operating segments: The software and services operating segments will reflect the removal of Wind River. McAfee and the Software and Solutions Group will continue to be part of the aggregated software and services operating segments.
  • All Other: All other will now include the remaining components of the Other IA operating segments, specifically: New Devices Group and Netbook Group. All other will continue to include Non-Volatile Memory (NVM) and Corporate.

Lets take a look at the business functions of the operating groups:

PC Client Group: Delivering platforms designed for the notebook (including Ultrabook devices and 2 in 1 systems) and the desktop (including all-in-ones and high-end enthusiast PCs); wireless and wired connectivity products; as well as gateway and set-top box components.

Data Center Group: Delivering platforms designed for the server, workstation, networking and storage computing market segments.

Internet of Things Group: Delivering platforms designed for embedded applications for medical, automotive, industrial, retail, and other market segments; as well as software-optimized products for the embedded and mobile market segments.

Mobile and Communications Group: Delivering platforms designed for the tablet and smartphone market segments; as well as mobile communications components such as baseband processors, radio frequency transceivers, Wi-Fi, Bluetooth, global navigation satellite systems and power management chips.

Software and services operating segments consists of the following:

  • McAfee: A wholly owned subsidiary delivering software products for endpoint security, network and content security, risk and compliance, and consumer and mobile security.
  • Software and Services Group: Delivering software products and services that promote Intel architecture as the platform of choice for software development.

All other consists of the following:

  • Non-Volatile Memory Solutions Group: Delivering NAND flash memory products for use in a variety of devices.
  • Netbook Group: Delivering platforms designed for the netbook market segment.
  • New Devices Group: Delivering reference devices and technology platforms ready to be used by customers as well as System-on-Chip architecture specifically designed for wearable and other emerging compute opportunities.
  • Corporate: Revenue, expenses and charges.

[Image courtesy: Intel]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.