Intel to Change Financial Reporting Structure

Beginning with the publication of Intel Corporation's first-quarter earnings report on Tuesday, April 15, the company will revise the presentation of its operating segments to reflect changes in our organizational model, which are aligned with our critical objectives. The company is providing our financial reporting structure now, as shown below, in order to give visibility into the new model. Actual results will be reported with the first-quarter earnings report. These changes will be comprised of the following:
  • PC Client Group (PCCG): PCCG will now include the results of our gateway and set-top box business, previously reported as the Service Provider Group within the other Intel architecture (Other IA) operating segments.
  • Data Center Group (DCG): DCG will now include the communications infrastructure portion of the Intelligent Systems Group, which had been previously reported in the Other IA operating segments.
  • Internet of Things Group (IOTG): The newly formed IOTG includes the embedded portion of the Intelligent Systems Group. Wind River Software Group (Wind River) will also transfer from the software and services operating segments to be part of the newly formed IOTG.
  • Mobile and Communications Group (MCG): MCG includes the Phone Group, the Tablet Group and Multi-Comm, all previously part of the Other IA operating segments.
  • Software and services operating segments: The software and services operating segments will reflect the removal of Wind River. McAfee, Inc. (McAfee) and the Software and Solutions Group will continue to be part of the aggregated software and services operating segments.
  • All Other: All other will now include the remaining components of the Other IA operating segments, specifically: New Devices Group and Netbook Group. All other will continue to include Non-Volatile Memory (NVM) and Corporate.