Intel Corp., the world’s largest maker of computer chips, got a late start in developing semiconductors for mobile devices, Chief Executive Officer Paul Otellini said at a conference.
“I wish we had started earlier,” Otellini said today at the Council on Foreign Relations in New York.
Intel, based in Santa Clara, California, has been trying to win business from handset vendors with its Atom processor, a scaled-down version of its PC chips. It has signed agreements to supply Atom products to Nokia Oyj and LG Electronics Inc. Otellini said smartphones carrying Intel semiconductors will be released next year.
Efforts to develop mobile chips got added boost from Intel’s agreement, announced in August, to buy the wireless operations of Infineon Technologies AG for about $1.4 billion. The unit makes chips for mobile devices including Apple Inc.’s iPhone and Samsung Electronics Co.’s Galaxy S and may help Intel lessen its dependence on semiconductors for computers.
Otellini said Intel began working on chips aimed at smartphones four years ago. “I wish I had been smart enough to start it seven years ago because we’d be in a good position today, but I wasn’t,” he said.
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