Intel Corporation Reports Earnings Results for the Fourth Quarter Ended December 26, 2020
January 21, 2021 at 04:05 pm
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Intel Corporation announced earnings results for the fourth quarter ended December 26, 2020. For the fourth quarter, the company announced sales was USD 19,978 million compared to USD 20,209 million a year ago. Operating income was USD 5,884 million compared to USD 6,797 million a year ago. Net income was USD 5,857 million compared to USD 6,905 million a year ago. Basic earnings per share from continuing operations was USD 1.43 compared to USD 1.6 a year ago. Diluted earnings per share from continuing operations was USD 1.42 compared to USD 1.58 a year ago. For the full year, sales was USD 77,867 million compared to USD 71,965 million a year ago. Operating income was USD 23,678 million compared to USD 22,035 million a year ago. Net income was USD 20,899 million compared to USD 21,048 million a year ago. Basic earnings per share from continuing operations was USD 4.98 compared to USD 4.77 a year ago. Diluted earnings per share from continuing operations was USD 4.94 compared to USD 4.71 a year ago.
Intel Corporation is the world leading manufacturer of semiconductor. Net sales break down by family of products and services as follows:
- computing architectures products (93.2%): processors and microprocessors (Pentium, Intel Xeon brands, etc.), graphics cards, chips and motherboards, connectivity products, cellular modems, Ethernet controllers, network components, storage products, etc. for PCs, servers, data centers, cloud networks, workstations, notebooks, Internet of Things, graphics architectures, intelligent peripherals and communications infrastructures. The group also develops associated software;
- advanced driving assistance and autonomous driving systems (3.8%; Mobileye);
- wafer manufacturing services (1.8%): accelerators, monolithic chips, silicon wafers, etc. The group also offers chiplet software and mask manufacturing equipment for advanced lithography;
- other (1.2%).
Net sales (including intragroup) are distributed geographically as follows: the United States (25.7%), China (27.4%), Singapore (15.9%), Taiwan (12.7%) and other (18.3%).