Monday, February 23, 2009

Intel 10K

Wafer fabrication flows and facilities:

  • 45nm on 300mm wafers in Arizona, New Mexico and Israel for Microprocessors
  • 65nm on 300mm wafers in Ireland, Arizona, Oregon for Chipsets & microprocessors
  • 90nm on 300mm wafers in Ireland for Chipsets & microprocessors & other
  • 130nm on 200mm wafers in Oregon, Massachusetts, Arizona, California for Chipsets
  • 65-130nm on 200mm wafers in Ireland for NOR flash memory
  • 180nm and above on 200mm wafers in Ireland for chipsets

Customer concentration: "In 2008, Hewlett-Packard Company accounted for 20% of our net revenue (17% in 2007) and Dell Inc. accounted for 18% of our net revenue (18% in 2007). No other customer accounted for more than 10% of our net revenue."

Employees: "As of December 27, 2008, we had approximately 83,900 employees worldwide, with more than 50% of these employees located in the U.S. Worldwide, we had approximately 86,300 employees as of December 29, 2007 and 94,100 as of December 30, 2006."

Non-Marketable Equity Investments: "The carrying value of our non-marketable equity investment portfolio, excluding equity derivatives, totaled $4.1 billion as of December 27, 2008 ($3.4 billion as of December 29, 2007). The majority of the balance as of December 27, 2008 was concentrated in companies in the flash memory market segment and wireless connectivity market segment. Our flash memory market segment investments include our investment in IMFT of $1.7 billion ($2.2 billion as of December 29, 2007), our investment in IM Flash Singapore, LLP (IMFS) of $329 million ($146 million as of December 29, 2007), and our investment in Numonyx of $484 million. Our wireless connectivity market segment investments include our non-marketable investment in Clearwire LLC of $238 million........In addition, we regularly invest in non-marketable equity instruments of private companies, which range from early-stage companies that are often still defining their strategic direction to more mature companies with established revenue streams and business models." "During the fourth quarter of 2008, we recorded a $762 million impairment charge on our investment in Clearwire Communications, LLC (Clearwire LLC)..........We recorded a $250 million impairment charge on our investment in Numonyx B.V. during the third quarter of 2008."

NAND supply agreement with Apple: "In connection with an agreement between Intel and Apple, Inc. to supply a portion of the NAND flash memory output that we will purchase from IMFT, Apple provided a refundable $250 million pre-payment to Intel. In the fourth quarter of 2008, the NAND flash memory supply agreement was terminated, and the remaining portion of the pre-payment of $167 million was refunded to Apple."