16 March 2006 – Shanghai (CHN): Intel has revealed plans to gain market share in China this year, reports Reuters.
The world’s biggest maker of microchips has been steadily losing share in recent years both in China and globally to Advanced Micro Devices (AMD).
"We’re very confident we’re going to get our share back (worldwide)," Ian Yang, Intel’s general manager for Asia Pacific, told Reuters. "We will do the same in China."
The report said Intel saw its share of the China market drop to 74 per cent in 2004 from 90 percent in 2001, while AMD’s share grew to 18 per cent from 5 per cent over the same period, according to state media.
