NEW DELHI: Chipmaker Intel will focus on tapping the emerging markets where it has witnessed an 18% growth rate.
Stating that 85% of the world population is in emerging markets, Greg Pearson, Vice President, General Manager, Worldwide Sales & Operations Group, Intel said "Intel is very committed to emerging markets as a whole."
Pearson was delivering a talk titled 'Emerging markets- the next wave of growth for Intel' at 'Conversations' - the first ever Annual One Intel Summit in New Delhi on Friday.
He noted that a rising middle class populations in countries like India -- where Intel has been investing since 1988 -- were fuelling the increasing spend on consumer electronics.
"People are willing to spend more on IT devices," said Pearson.
Pearson felt the low PC penetration rate in India -- which stands at 3-4% -- presented a huge opportunity for the PC sector as "first time buyers drive 85% of the market."
While the Compound Annual Growth Rate (CAGR) for PCs from 2012-2016 in the emerging markets will be 18%, it will be 53% for tablets and 24% for smartphones, he said.
"Quite a phenomenal transition that is happening," he said while adding "Net users in emerging markets were fast outpacing those in mature markets," he added.
In a world where mobile device usage is ever-increasing, Pearson noted that "PC is (still) the predominant net access usage device."
He also disclosed that 98% of the internet ( server infrastructure) runs on Intel architecture.
Speaking on 'Fostering developer innovation in India', Narendra Bhandari, Director, Software and Services Group, Intel South Asia said "Computing is about experience and software can shape experience a lot."
He observed that "experiences are clashing" and that it was not about PCs or smartphones anymore.
Touching upon multiple platforms and challenges they pose for developers, Bhandari rooted for HTML 5 stating that it provides scope for creativity, productivity and standardization.
Stating that 85% of the world population is in emerging markets, Greg Pearson, Vice President, General Manager, Worldwide Sales & Operations Group, Intel said "Intel is very committed to emerging markets as a whole."
Pearson was delivering a talk titled 'Emerging markets- the next wave of growth for Intel' at 'Conversations' - the first ever Annual One Intel Summit in New Delhi on Friday.
He noted that a rising middle class populations in countries like India -- where Intel has been investing since 1988 -- were fuelling the increasing spend on consumer electronics.
"People are willing to spend more on IT devices," said Pearson.
Pearson felt the low PC penetration rate in India -- which stands at 3-4% -- presented a huge opportunity for the PC sector as "first time buyers drive 85% of the market."
While the Compound Annual Growth Rate (CAGR) for PCs from 2012-2016 in the emerging markets will be 18%, it will be 53% for tablets and 24% for smartphones, he said.
"Quite a phenomenal transition that is happening," he said while adding "Net users in emerging markets were fast outpacing those in mature markets," he added.
In a world where mobile device usage is ever-increasing, Pearson noted that "PC is (still) the predominant net access usage device."
He also disclosed that 98% of the internet ( server infrastructure) runs on Intel architecture.
Speaking on 'Fostering developer innovation in India', Narendra Bhandari, Director, Software and Services Group, Intel South Asia said "Computing is about experience and software can shape experience a lot."
He observed that "experiences are clashing" and that it was not about PCs or smartphones anymore.
Touching upon multiple platforms and challenges they pose for developers, Bhandari rooted for HTML 5 stating that it provides scope for creativity, productivity and standardization.
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