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Business Description
Intel Corporation designs, develops, manufactures and markets computing and communications products at various levels of integration. It has three product line operating segments: the Intel Architecture business, which is composed of the Desktop Platforms Group, the Mobile Platforms Group and the Enterprise Platforms Group; the Intel Communications Group (ICG), and the Wireless Communications and Computing Group (WCCG). The Intel Architecture operating segment's products include microprocessors and related chipsets and motherboards. ICG's products include wired Ethernet and wireless connectivity products, network processing components and embedded computing products. WCCG's products include flash memory, application processors and cellular baseband chipsets for cellular handsets and hand-held devices. The Company's products are sold directly to original equipment manufacturers (OEMs), and through retail and industrial distributors, as well as reseller channels throughout the world.

Financial Information
For the 26 weeks ended 6/26/04, revenues rose 19% to $16.14 billion. Net income rose 93% to $3.49 billion. Revenues reflect strong unit sales of microprocessors and higher sales in Asia-Pacific region. Higher income also reflect improved gross margins.