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Intel to begin Haswell production later this year

Intel Corp. on Thursday reported its financial results for the third quarter of the year. Even though the company retained profitability, its sales were down 5% year-over-year and the outlook for the ongoing quarter the company provided points to continued issues with demand for personal computers. Nonetheless, the company is on track to start production of next-generation Haswell microprocessors in Q4 2012.

Paul Otellini, president and CEO of Intel said:

“Our third-quarter results reflected a continuing tough economic environment. The world of computing is in the midst of a period of breakthrough innovation and creativity. As we look to the fourth quarter, we’re pleased with the continued progress in ultrabooks and phones and excited about the range of Intel-based tablets coming to market”

At present Intel still does not specifically reveal when the Haswell chips and products on their base are scheduled to hit the market. The company only claims that the first Haswell-based systems will be available in the first half of the year.

Source: TechPowerUp

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