Intel Doubling Down on Ultrabooks

Intel(INTC_) is betting aggressively on Ultrabooks as the chipmaker looks to play catch-up with Apple(AAPL_) and make inroads into the tablet category.

While Intel powers 80% of the world's PCs, worries that the iPad and other high-end tables could erode the PC sector have pushed the chipmaker into a new direction.

The company is doubling down on Ultrabooks -- thin, light and power-efficient laptops that are a far cry from bulky PCs and closer to trendy tablets. The category is expected to grow to 40% of the consumer laptop market by the end of the year, Intel CEO Paul Otellini said during an earnings call with analysts.

Read Full Article from TheStreet.com

- Posted: 2012-01-20 13:11:46

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