Intel to expand global market share

The analyst firm attributed the increased sales to continued demand for laptop chips, helping Intel boost overall market share from 11.6 percent last year.

Gartner said that Intel enjoyed revenue growth of twice the market average during 2007. Global sales will total US$270.3 billion, up 2.9 percent on last year.

2007 will also prove a stellar year for Toshiba which will see increased revenues of 28 percent, well ahead of Texas Instruments, STMicroelectronics and Infineon.

"Semiconductor vendors need to watch the performance of their end customers even closer as a major part of the industry becomes increasingly tied to consumer spending patterns," said Andrew Norwood, research vice president at Gartner.

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