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1990 – Delivering Standards to the New Computing WorldDelivering Standards To The New Computing WorldExcellent acceptance of our products and strong growth in all geographies helped to produce record results for 1990. Net revenues were up 25 percent from 1989. Net income was 66 percent higher than the previous year.Product Demand StrongDemand for 386™/486™ microprocessor family products exceeded supply. Shipments of these products doubled over 1989 levels as we added capacity and increased productivity. We extended the life of our Livermore, California, chip fabrication plant into 1991 and expanded output at other plants.Results in other product categories were mixed. Unit demand for memories and embedded components was good, sales of microcomputer platforms to OEM (original equipment manufacturer) customers were up substantially from 1989. Prices in both areas were under strong pressure.New ProductsIt was another year of important product introductions.The 386 SL microprocessor and its accompanying input/output subsystem chip enable OEMs to build powerful notebook-sized computers that are both compatible with current desktop models and very modest in power consumption. Fortune magazine named this new microprocessor one of the year’s most innovative products.The introduction of flash memory cards makes possible more reliable and compact data storage in portable systems. Flash memory is becoming a mainstream memory in the marketplace.Read the full 1990 Intel Annual Report.
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