Intel wins deal to supply Nokia with computer chips

Intel has secured a deal with mobile giant Nokia to supply future mobile phones with Intel’s processor chips, reports indicate. The deal is said to be Intel’s first major foothold with ventures into the mobile market.

Analysts state that Intel processors are installed in about 80% of all computers, but Intel has relatively been unsuccessful with penetrating into the mobile market. Intel has released its Atom processor earlier, a processor which is optimized for mobile functionality, with this venture in mind, but so far has only been relatively successful with laptops and notebooks.

Intel is pushing into lessening its dependence on computer sales, which currently make up about 90% of its total sales volume. With analysts estimating about 1.21 billion mobile phone sales annually, Intel is wanting to generate sufficient sales metrics in relation to this that may significantly leverage their computer sales.