SANTA CLARA, USA: Intel Corp. reported second-quarter revenue of $8.0 billion. Excluding the effects of the European Commission fine, the company had non-GAAP operating income of $1.4 billion, net income of $1.0 billion and EPS of 18 cents.
On a GAAP-basis, the company reported an operating loss of $12 million, a net loss of $398 million and a loss per share of 7 cents.
“Intel’s second-quarter results reflect improving conditions in the PC market segment with our strongest first- to second-quarter growth since 1988 and a clear expectation for a seasonally stronger second half,” said Paul Otellini, Intel president and CEO.
“Intel's strategy of investing in new technologies and innovative products, combined with ongoing focus on operating efficiencies, continues to yield benefits that are evident in our strengthening financial performance.”
Key financial information
* Microprocessor units were higher versus the first quarter.
* Gross margin was 50.8 percent, higher than the company’s expectation.
* The average selling price (ASP) for microprocessors was down sequentially.
* Excluding shipments of Intel Atom microprocessors, the ASP was slightly down sequentially.
* Revenue from Intel Atom microprocessors and chipsets was $362 million, up 65 percent sequentially.
* Inventories were down by $240 million in the second quarter.
* Spending (R&D plus MG&A) was $2.6 billion, slightly higher than the company’s expectation.
* Restructuring and asset impairment charges were $91 million, better than the company’s expectation.
* The net loss from equity investments and interest and other was $38 million, better than the company’s expectation.
* The company recorded a tax provision of $348 million. The EC fine is not tax deductible.
Business outlook
Intel’s Business Outlook includes the effects of the Wind River Systems Inc. acquisition, but does not include the potential impact of any other mergers, acquisitions, divestitures or business combinations that may be completed after July 13.
Q3 2009:
* Revenue: $8.5 billion, plus or minus $400 million.
* Gross margin percentage: 53 percent, plus or minus 2 percentage points.
* Spending (R&D plus MG&A): approximately $2.8 billion.
* Restructuring and asset impairment charges: Approximately $40 million.
* Amortization of acquisition-related intangibles and costs: Approximately $40 million.
* Net loss from equity investments and interest and other: Approximately $80 million.
* Depreciation: Approximately $1.2 billion.
Full-Year 2009:
* Spending (R&D plus MG&A): Between $10.6 billion and $10.8 billion, up from the prior outlook of $10.4 to $10.6 billion. This figure excludes the $1.45 billion expense associated with the EC fine recognized during the second quarter.
* Capital spending: Expected to be $4.7 billion plus or minus $200 million, down from $5.2 billion in 2008.
* Depreciation: $4.8 billion plus or minus $100 million, unchanged.
* Tax rate: Approximately 23 percent for the third and fourth quarters, versus the company’s prior expectation of 24 percent.
Status of Business Outlook
During the quarter, Intel’s corporate representatives may reiterate the Business Outlook during private meetings with investors, investment analysts, the media and others.
From the close of business on August 28 until publication of the company’s third-quarter earnings release, Intel will observe a “Quiet Period” during which the Business Outlook disclosed in the company’s press releases and filings with the SEC should be considered to be historical, speaking as of prior to the Quiet Period only and not subject to an update by the company.
Showing posts with label Wind River. Show all posts
Showing posts with label Wind River. Show all posts
Tuesday, 14 July 2009
Wednesday, 24 June 2009
Mistral announces AdaCore's enhanced GNAT Pro offerings
BANGALORE, INDIA: Mistral Solutions, a leading provider of complete technology solutions and professional services in the embedded space, announced the availability of AdaCore’s enhanced GNAT Pro offerings on all active versions of Wind River’s VxWorks real-time operating system.
Ranging from VxWorks 5, VxWorks 6, VxWorks 653, VxWorks DO-178B, and VxWorks MILS, GNAT Pro is now available for an extensive range of VxWorks platforms. In addition, all Wind River platforms supporting deployment in DO-178B certified environments are also supported.
Catering to the demanding requirements of the defence and aerospace sector, AdaCore’s enhanced GNAT Pro product offerings deliver customized solutions for a wide range of deployment environments. GNAT Pro for VxWorks 5 and 6 are suitable for general-purpose software development.
The GNAT Pro offering for VxWorks 6, supports both symmetric multiprocessing (SMP) and asymmetric multiprocessing (AMP) multicore implementation models that allow customers to deploy Ada on advanced multicore processors while enabling high levels of optimization for a variety of challenging multiprocessor designs and configurations.
The specialized GNAT Pro High-Integrity Edition for DO-178B, available for the VxWorks 653 and VxWorks DO-178B Platforms caters to RTCA DO-178B and IEC 61508 safety-critical systems.
Offering three specific runtime environments, AdaCore’s GNAT Pro High-Integrity Edition includes a zero-foot-print (ZFP) library that simplifies safety certification for sequential applications, a Ravenscar library that provides support for tasking or multi-processing and a Cert library that adds ARINC653 awareness and supports advanced integrated modular avionics (IMA) features.
Offering a powerful application development environment to the aerospace and defence industry for Ada application development within a MILS (multiple independent levels of security) architecture, AdaCore’s GNAT Pro offering for VxWorks MILS combined with SPARK Pro supports security certification of user applications or their components to Evaluation Assurance Level (EAL) 5 and higher. SPARK Pro is an Integrated Development Environment combined with the SPARK language tool set suited for safety-critical and high-security application development.
Ranging from VxWorks 5, VxWorks 6, VxWorks 653, VxWorks DO-178B, and VxWorks MILS, GNAT Pro is now available for an extensive range of VxWorks platforms. In addition, all Wind River platforms supporting deployment in DO-178B certified environments are also supported.
Catering to the demanding requirements of the defence and aerospace sector, AdaCore’s enhanced GNAT Pro product offerings deliver customized solutions for a wide range of deployment environments. GNAT Pro for VxWorks 5 and 6 are suitable for general-purpose software development.
The GNAT Pro offering for VxWorks 6, supports both symmetric multiprocessing (SMP) and asymmetric multiprocessing (AMP) multicore implementation models that allow customers to deploy Ada on advanced multicore processors while enabling high levels of optimization for a variety of challenging multiprocessor designs and configurations.
The specialized GNAT Pro High-Integrity Edition for DO-178B, available for the VxWorks 653 and VxWorks DO-178B Platforms caters to RTCA DO-178B and IEC 61508 safety-critical systems.
Offering three specific runtime environments, AdaCore’s GNAT Pro High-Integrity Edition includes a zero-foot-print (ZFP) library that simplifies safety certification for sequential applications, a Ravenscar library that provides support for tasking or multi-processing and a Cert library that adds ARINC653 awareness and supports advanced integrated modular avionics (IMA) features.
Offering a powerful application development environment to the aerospace and defence industry for Ada application development within a MILS (multiple independent levels of security) architecture, AdaCore’s GNAT Pro offering for VxWorks MILS combined with SPARK Pro supports security certification of user applications or their components to Evaluation Assurance Level (EAL) 5 and higher. SPARK Pro is an Integrated Development Environment combined with the SPARK language tool set suited for safety-critical and high-security application development.
HSR waiting period expires for Intel's proposed Wind River acquisition
SANTA CLARA, USA: Intel Corp. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) at 11:59 p.m. EDT on June 22, 2009 with respect to Intel's previously announced proposed acquisition of Wind River Systems Inc.
On June 11, 2009, Intel, through its wholly owned subsidiary, APC II Acquisition Corporation, initiated a cash tender offer to purchase all outstanding shares of common stock of Wind River, including rights to purchase shares of Series A Junior Participating Preferred Stock at a price of $11.50 per share of common stock.
This tender offer will expire at midnight EDT on July 9, 2009 unless it is extended in accordance with the merger agreement and the applicable rules and regulations of the Securities and Exchange Commission.
Expiration of the HSR waiting period satisfies one of the conditions of the tender offer.
On June 11, 2009, Intel, through its wholly owned subsidiary, APC II Acquisition Corporation, initiated a cash tender offer to purchase all outstanding shares of common stock of Wind River, including rights to purchase shares of Series A Junior Participating Preferred Stock at a price of $11.50 per share of common stock.
This tender offer will expire at midnight EDT on July 9, 2009 unless it is extended in accordance with the merger agreement and the applicable rules and regulations of the Securities and Exchange Commission.
Expiration of the HSR waiting period satisfies one of the conditions of the tender offer.
Tuesday, 23 June 2009
Wind River extends JTAG development tools for Freescale, Intel and RMI processors
ALAMEDA, USA: Wind River introduced its standards-based Wind River Workbench On-Chip Debugging 3.1.1 with extended support for Freescale, Intel and RMI processors.
Wind River On-Chip Debugging is a comprehensive development tools solution that includes Wind River Workbench On-Chip Debugging, a collection of software tools based on the Eclipse framework; Wind River ICE 2, a high-performance, multicore-capable JTAG debug unit; and Wind River Probe, an entry level, portable JTAG debug unit.
Currently, the Wind River On-Chip Debugging solution supports a wide range of processor architectures including ARM, MIPS, Power Architecture, and ColdFire. With the introduction of Wind River Workbench On-Chip Debugging 3.1.1, Wind River will extend support for Freescale’s QorlQ P2020, Intel Atom, and RMI XLR and XLS processors, among other devices based on ARM, MIPS and Power architectures.
This will provide customers with increased effectiveness in designing and debugging, expanded multicore support for up to 16 cores, and additional choice when evaluating industry-leading processor architectures.
Wind River is extending the Wind River On-Chip Debugging solution to Freescale’s QorIQ P2020 processor, a member of the company’s latest generation of multicore embedded communications platforms.
Additional Freescale device support includes the i.MX35 applications processor for automotive, consumer, and industrial markets; the MPC8536E PowerQUICC III device for gigahertz-class processing within IP network and advanced media processing applications; and the MPC560x processor designed for automotive body and chassis applications.
“With its rich feature set and comprehensive multicore support, Wind River’s on-chip debugging solution is well suited to support customer development needs for the QorIQ P2020 device and other Freescale processors,” said Ravi Swaminathan, director of software ecosystem alliances at Freescale. “Wind River’s newest debugging technology gives Freescale customers greater visibility into the on-chip processes of our devices, thereby simplifying development and speeding time-to-market.”
Wind River is expanding its processor coverage to include Intel Architecture. Support is being introduced for Intel Atom processors targeted at a variety of low-power devices such as medical, industrial, and consumer devices. Wind River will support additional Intel processors later in 2009.
Wind River Workbench On-Chip Debugging 3.1.1 also offers the most advanced multicore support for complex RMI XLR and XLS processors, debugging up to 8 cores and 4 threads per core simultaneously, as well as the ability to debug RMI’s RMIOS execution environment.
“As RMI’s multicore multi-threaded 64-bit MIPS-based processors continue to lead in performance and as the processors become more complex in their architectures and capabilities, our customers depend on world-class support and debugging technology to simplify their development process,” said Mark Litvack, director of business development at RMI. “The Wind River and RMI collaboration provides our common customers with RMI-specific features, flexibility and the assurance they need to build the highest performance multicore and multi-threaded networking and security solutions.”
The Wind River On-Chip Debugging solution is targeted for all phases of the development lifecycle, from board bring-up to device driver development, kernel stabilization, and system integration, and is extensible for customers to easily add support for additional device architectures and processors.
Wind River Workbench On-Chip Debugging 3.1.1 with extended support for Freescale, Intel and RMI will be available in July 2009.
Wind River On-Chip Debugging is a comprehensive development tools solution that includes Wind River Workbench On-Chip Debugging, a collection of software tools based on the Eclipse framework; Wind River ICE 2, a high-performance, multicore-capable JTAG debug unit; and Wind River Probe, an entry level, portable JTAG debug unit.
Currently, the Wind River On-Chip Debugging solution supports a wide range of processor architectures including ARM, MIPS, Power Architecture, and ColdFire. With the introduction of Wind River Workbench On-Chip Debugging 3.1.1, Wind River will extend support for Freescale’s QorlQ P2020, Intel Atom, and RMI XLR and XLS processors, among other devices based on ARM, MIPS and Power architectures.
This will provide customers with increased effectiveness in designing and debugging, expanded multicore support for up to 16 cores, and additional choice when evaluating industry-leading processor architectures.
Wind River is extending the Wind River On-Chip Debugging solution to Freescale’s QorIQ P2020 processor, a member of the company’s latest generation of multicore embedded communications platforms.
Additional Freescale device support includes the i.MX35 applications processor for automotive, consumer, and industrial markets; the MPC8536E PowerQUICC III device for gigahertz-class processing within IP network and advanced media processing applications; and the MPC560x processor designed for automotive body and chassis applications.
“With its rich feature set and comprehensive multicore support, Wind River’s on-chip debugging solution is well suited to support customer development needs for the QorIQ P2020 device and other Freescale processors,” said Ravi Swaminathan, director of software ecosystem alliances at Freescale. “Wind River’s newest debugging technology gives Freescale customers greater visibility into the on-chip processes of our devices, thereby simplifying development and speeding time-to-market.”
Wind River is expanding its processor coverage to include Intel Architecture. Support is being introduced for Intel Atom processors targeted at a variety of low-power devices such as medical, industrial, and consumer devices. Wind River will support additional Intel processors later in 2009.
Wind River Workbench On-Chip Debugging 3.1.1 also offers the most advanced multicore support for complex RMI XLR and XLS processors, debugging up to 8 cores and 4 threads per core simultaneously, as well as the ability to debug RMI’s RMIOS execution environment.
“As RMI’s multicore multi-threaded 64-bit MIPS-based processors continue to lead in performance and as the processors become more complex in their architectures and capabilities, our customers depend on world-class support and debugging technology to simplify their development process,” said Mark Litvack, director of business development at RMI. “The Wind River and RMI collaboration provides our common customers with RMI-specific features, flexibility and the assurance they need to build the highest performance multicore and multi-threaded networking and security solutions.”
The Wind River On-Chip Debugging solution is targeted for all phases of the development lifecycle, from board bring-up to device driver development, kernel stabilization, and system integration, and is extensible for customers to easily add support for additional device architectures and processors.
Wind River Workbench On-Chip Debugging 3.1.1 with extended support for Freescale, Intel and RMI will be available in July 2009.
Thursday, 5 March 2009
Altera Nios II processor gets Wind River Linux support
Wind River recently announced the Wind River Linux support for Altera’s Nios II embedded processor.Commenting on the Nios II processor adoptiion, Mikeson Wang, Product Marketing Manager, Asia Pacific, Altera Corp., in Hong Kong, highlighted that it has over 20,000 licensees worldwide, and is used by each one of the top 20 OEMs. The Nios II processor happens to be the industry’s #1 soft core CPU, as per Gartner Dataquest. There exists a very vibrant Nios Forum community of over 10,000 users. It is also used by developers in all Altera markets.
Wind River delivers Linux support for the Nios II processor also means that the #1 FPGA processor is now supported by best-in-class embedded Linux. Also, Nios II plus embedded Linux = BOM cost reduction.
It is a compelling alternative to discrete off-the-shelf processors. Wind River customers have access to Altera’s full spectrum of FPGA and HardCopy ASIC solutions as well.
Wang added that the Nios II is popular because of providing design flexibility. Being a custom fit solution, it is also easy to modify hardware at any time.
Why Linux + Nios II
There are several reasons. First, it provides cost reduction through integration. Users can replace the existing CPU with an FPGA running Embedded Linux. Next, it provides protection from processor obsolescence. This in turn, protects the software legacy code, which happens to be a customer's biggest investment.
This combination also allows design flexibility. Besides providing access to open source software, the time to market gets reduced as well.
Highlighting the reasons for the Altera-Wind River partnership, he added that Wind River is the best-in-class Linux partner, with worldwide sales, support, training and service infrastructure. Wind River is also the no. 1 embedded OS supplier for the communications market.
Altera itself has a strong presence in the communications market. Also, the FPGA processor use is a growing trend in embedded applications; and Nios II is leading FPGA soft processor. There is also a significant overlap of Altera and Wind River's customer base, such as Huawei, ZTE, Motorola, Alcatel-Lucent, etc., to name a few.
Deliveables include:
Altera
* Cyclone III FPGA Development Kit (3C120)
- DK-DEV-3C120
* Linux Hardware Reference Design (Quartus II Project)
- Current design: 125 MHz in 3C120
- Nios II performance: 150 – 300 DMIPS *
Wind River
* Wind River Linux Distribution
* Wind River Workbench for Nios II
- Workbench IDE with Nios II Support
- GNU Tool Chain, Board Support Package
* Flash files (HW & SW for 3C120 board)
The Cyclone III FPGA development kit is a complete platform for prototyping embedded systems.
In summary, the Wind River-Altera partnership helps reduce system cost and TTM, and increases system flexibility. Altera and Wind River already share several customers, and hence, this is a win-win partnership. The strategic partnership with Wind River complements Altera's silicon, soft processor and FPGA development, besides, Wind River's industry-leading embedded Linux distribution.
How will this partnership boost FPGA sales? According to Wang: "The current weak demand is due to recession. We see weak demand in every segment. However, we are still outperforming the market."
Although leading-edge FPGAs are scaling to 40nm and beyond, have the tools caught up with these new and complex processes? Wang added that the process does not have any significant impact.
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