Intel Targets Share of $5 Billion Smart-Grid Market
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Intel Corp., the world’s largest chipmaker, plans to expand in the global smart-grid market following a jump in demand for energy-saving technologies.
Intel intends to take a “significant chunk” of the market for smart-grid microprocessors, which may surpass $5 billion in annual sales by the end of the decade, said Hannes Schwaderer, Intel’s director of energy in Europe, Middle East and Africa.