Intel Corporation (INTC): What Does The ‘Death Of The PC’ Mean For Its Business?

The company is working with smartphone manufacturing companies to get its processors into Google Inc (NASDAQ:GOOG)’s Android-based smartphones. Intel did receive some recognition in the industry with its partnership with Motorola in releasing the Razr i. Lenovo has partnered with Intel to release the K900 smartphone later this year. Other manufacturers using Intel’s Atom chips for upcoming smartphones include Asus and ZTE.

What could hold Intel back

Again, I have to mention Intel Corporation (NASDAQ:INTC)’s late entry into the smartphones and tablets market. Intel is playing catch up in market share and in technology, as Qualcomm’s latest chips already support 4G LTE connectivity, while NVIDIA’s upcoming Tegra 4 chip will also feature 4G.

Conclusion

NVIDIA Corporation (NASDAQ:NVDA) and QUALCOMM, Inc. (NASDAQ:QCOM), while currently enjoying success in the tablets and smartphones industries, might be frightened with  Intel’s latest attempts to capture market share. Intel’s quality chips and history of making processors made the PC industry what it is today — the company is trying to do the same thing in the post-PC industry.  Intel’s current stock price, along with its dividend history, should tempt investors. The company’s future growth and opportunities are numerous, and Intel might be the ideal tech stock to buy right now.

Yasir Idrees has no position in any stocks mentioned. The Motley Fool recommends Intel and NVIDIA. The Motley Fool owns shares of Intel and Qualcomm.