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Intel positive on PC growth in emerging Asia

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CIOL Bureau
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TAIPEI, TAIWAN: Intel Corp is positive about growth in PC sales in emerging Asia, particularly in China and India, a top executive said on Friday, a day after the chip heavyweight posted market-beating revenue and margins for the fourth quarter.

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Intel, whose microprocessors are the brains in the bulk of the world's PCs, also gave a rosy outlook for early 2011, defying worries about the company's minor role in the booming smartphone and tablet computer market.

"I look around and travel around and I see the emerging markets continuing to be quite good," Navin Shenoy, Intel's general manager for the Asia-Pacific region, told Reuters in a telephone interview.

Shenoy declined to give growth forecasts but said he was "comfortable" with IDC's forecast of a 14 per cent PC unit growth for the APAC area, excluding Japan, this year.

For 2010 as a whole, global PC shipments rose 13.6 per cent to 346.2 million units, IDC said, though expects growth in 2011 to be lower than its previous forecast of 10 per cent worldwide.

Intel has recently introduced its next-generation microprocessors, code-named Sandy Bridge, which the company said will yield about a third of its corporate revenue in 2011 and help trigger more than $125 billion in sales for the personal computer industry.

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