Intel plans to increase its share in mobile chip market

Intel plans to increase its share in mobile chip market

Intel has said that they are aiming to increase their shares in the market for chips used in mobile phones within the coming years. They want to have at least a double-digit share in this market in the next couple of years itself. They have however declined to give a figure for the company’s current market share. Market experts however say that the figure is currently in single digits.

Craig Barrett, chairman of Intel, told reporters: “We want to grow our market share (in the mobile phone market) to double-digit levels. I hope within the next few years to achieve that objective” A senior market expert Signals Ahead analyst Mike Thelander forecasted that this share should touch around 8.1% by 2009.

They are currently trailing companies like Nokia, Qualcomm, Freescale Semiconductor Inc and Ericsson Mobile Platform. Mobile Phones segment is one of the fastest growing markets in the world right now and Intel has plans to become a big player here. They recently collaborated with Research in Motion and Blackberry devices running on Intel processors are already out in the market.

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