Intel suffered but AMD surged in 2006, iSuppli says

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It was a tale of two companies in the semiconductor industry in 2006, with leading chip supplier Intel suffering a revenue decline, while rival AMD nearly doubled its sales, according to iSuppli. Everyone expected this, but the technology industry is used to events like this.

For US microprocessor giant Intel, 2006 was the worst of times, as its global semiconductor revenue dropped by 11.1% from 2005,” said Dale Ford, vice president of market intelligence for iSuppli. “The revenue decline, which was due to Intel’s bleak performance in its core PC microprocessor and flash-memory businesses, erased nearly all of the company’s sales gains from its strong year in 2005. Intel’s 2006 revenue of US$31.5 billion was less than half a percentage point higher than its sales in 2004.

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