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Edition: U.S. Article Comments (0) Email Print Reprints Read Attack on MasterCard site a grass-roots effort | 3:51pm EST U.S. fiscal health worse than Europe's: China adviser 3:35pm EST Testy Obama fires back at Democrats over tax deal | 07 Dec 2010 Special Report: STD fears sparked case against WikiLeaks boss 07 Dec 2010 WEALTH MANAGER-Obama tax plan causes headache for advisers 1:03pm EST Discussed 139 Obama unveils tax deal with Republicans 74 WikiLeaks founder Assange arrested in Britain 63 Senate bid to renew ”middle-class” tax cuts fails Watched Bejeweled bra exposed in NY Thu, Oct 21 2010 Row over vote orgasm video Fri, Nov 19 2010 Playboy opens Mexican casino Sun, Dec 5 2010 Analyst Research Report Title Price Infotech Industry Market Research and Competitive Analysis 2010 Provider: Plunkett Research, Ltd. $299.0 Buy Computer & Software Industry Trends, Statistics & Analysis 2010 (Summary) Provider: Plunkett Research, Ltd. $149.0 Buy ValuEngine Industry Report for Elec-semiconductors Provider: ValuEngine, Inc. $49.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. U.N. Climate Change Conference Ban urges climate deal, short of perfect Saying the health of the planet is at stake, U.N. Secretary-General Ban Ki-moon urged nations meeting in Mexico to agree to steps to fight climate change that fall short of a perfect deal. Full Article World Bank chief to launch carbon market fund Analysis: Mexico hailed, others blamed if talks fail? Melting glaciers threaten floods in Himalayas, Andes A comparison of Cancun, Copenhagen meetings More Green Business news Intel has 35 tablet wins, buys back shares Tweet This Share on LinkedIn Share on Facebook By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp (INTC.O) has resumed share buybacks after a pause of more than a year and its chips have been chosen for 35 tablet computers as well as some smartphones, its chief executive said on... Related News Texas Instruments sees short, shallow correction Tue, Dec 7 2010 UPDATE 3-Texas Instruments sees short, shallow correction Tue, Dec 7 2010 UPDATE 2-Nvidia wins more notebook designs for 2011 Mon, Dec 6 2010 Rogers eyes tablet bill sharing, PlayBook launch Fri, Dec 3 2010 UPDATE 3-Altera boosts R&D budget, eyes new markets Mon, Nov 29 2010 Related Topics Hot Stocks » Asian Markets » Technology » Media » iPad » Stocks A shadow is cast on an Intel advertisement at the Computex 2010 computer fair in Taipei in this June 1, 2010 file photo. Credit: Reuters/Pichi Chuang By Noel Randewich SAN FRANCISCO | Wed Dec 8, 2010 2:41pm EST SAN FRANCISCO (Reuters) - Intel Corp (INTC.O) has resumed share buybacks after a pause of more than a year and its chips have been chosen for 35 tablet computers as well as some smartphones, its chief executive said on Wednesday. The company is betting that new chips due to ship next year will invigorate its mobile business, which has struggled to get off the ground amid explosive sales of Apple's (AAPL.O) iPad tablets and smartphones using Google's (GOOG.O) Android operating system. Stock in the world's largest maker of microprocessors rose 1.4 percent at midday in a mostly flat market. "The consumer (tablet) products will roll out over the first half of next year," CEO Paul Otellini told analysts at a conference. He added that the tablets would run on Google's Android operating system as well as Microsoft (MSFT.O) platforms and Meego, a project between Intel and Nokia. He also said Intel recently resumed share buybacks after pausing a year and a half ago due to concerns about the economy. "I'm happy to report that Intel has been back in the market this quarter," Otellini said. "The buyback has resumed." In November, Intel said it was boosting its quarterly dividend by 15 percent, a move seen as a sign of confidence that the world's largest chipmaker is growing, even as the U.S. economy remains sluggish. A resumption of Intel's share repurchases amplifies that signal, said Craig Ellis, an analyst at Caris and Company. "Shareholders will look at that and say management is putting their money where their mouth is," he said. Intel authorized $5.7 billion for stock repurchases at the beginning of the year. Otellini did not say how many shares Intel has recently bought. MARATHON, NOT SPRINT Intel has had few big successes with processors in the fast-growing smartphone and tablet niches, with power-efficient chips based on ARM (ARM.L) architecture dominating the market so far. Otellini called Intel's pursuit of the smartphone market "a marathon, not a sprint," adding that the company's second-generation Medfield chip is now being sampled by customers and should ship next year and in 2012. "You will see smartphones from premier branded vendors in the second half of 2011 with Intel silicon inside them," Otellini said. Intel has already started shipping its new Sandy Bridge chips, which are expected to be in notebooks on store shares early in 2011. The Sandy Bridge microchips, Intel's newest PC chips, include graphics processing capability that the company says is equivalent to low-end discrete graphics processors. Intel would like Sandy Bridge to make some discrete graphics chips unnecessary, but graphics chip designer Nvidia Corp (NVDA.O) this week told Reuters it won 200 design wins for 2011 notebooks that also use Sandy Bridge processors. Nvidia won about 125 notebook design for 2010. (Reporting by Noel Randewich; editing by Andre Grenon and Derek Caney) Hot Stocks Asian Markets Technology Media iPad We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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