During the fourth quarter, Asia-Pacific eclipsed the Americas as the greatest source of revenue for Intel, the company has revealed.
The Asia-Pacific region, excluding Japan, accounted for 35 per cent, or US$2.4 billion, of Intel's fourth quarter revenues in 2001, according to the company. The Americas, which includes the U.S., accounted for 33 per cent ($2.3 billion) of Intel's fourth-quarter revenue, with Europe and Japan contributing 25 per cent ($1.8 billion) and 7 per cent ($490 million), respectively.
On Wednesday, Intel reported fourth-quarter net income before acquisition-related costs of $998 million, down 62 per cent from a year earlier. Intel's revenue for the fourth quarter, which ended Dec. 29, was $7 billion, down 20 per cent from the same period one year ago when Intel reported fourth quarter revenue of $8.7 billion.
The most likely cause for the jump in Asia Pacific sales is an increase in PC and notebook manufacturing in the region, said Nathan Brookwood, principal analyst with Insight 64 in the US. "Asia Pacific is certainly becoming the hub for assembly of many computer systems, including an awful lot of laptops," he said. "Therefore, Intel is shipping an awful lot of core logic to that region."