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. Last Updated: 07/27/2016

Intel Sees Explosive Growth

Intel, maker of the popular Pentium computer chips, has shipped four times more microprocessors to Russia in the first six months of this year than it did in the same period in 1994, the company said.


Steve Chase, Intel's representative in the CIS and Baltics, on Wednesday reported profits from the territory of $33 million in 1994, of which 90 percent were made in Russia, the agency said.


Russia accounts for 10 percent of the California-based manufacturer's worldwide sales of microprocessors, he said.


Intel has invested more than $10 million in Russia over four years, Chase said.


In the second quarter of 1995, income growth from Intel's worldwide, overall activities reached a record level of 36 percent over the same period in 1994 and 5 percent over the first quarter of this year, a company press release said.