Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday April 06, 2016

Intel to Revise Financial Reporting Structure

Beginning with the publication of Intel Corporation’s first-quarter earnings report on April 19, 2016, the company will revise the presentation of its financial results to reflect changes to certain operating segments. The company is providing the revised financial reporting structure now, as shown below, in order to give visibility into the new model. Intel’s operating segments will be:

  • Client Computing Group (CCG)

  • Data Center Group (DCG)

  • Internet of Things Group (IOTG)

  • Non-Volatile Memory Solutions Group (NSG)

  • Intel Security Group (ISecG)

  • Programmable Solutions Group (PSG)

  • All Other New Technology Group (NTG)

The company is electing to separately disclose the operating results of NSG, ISecG, and PSG, although none of these operating segments meets the quantitative thresholds to qualify as a reportable operating segment. Intel previously disclosed the results of NSG within the "all other" category and aggregated the results of ISecG and Software and Services Group (SSG) as the "software and services" operating segments. PSG was formed as a result of our acquisition of Altera Corporation. Additionally, the company formed NTG, which includes Intel’s perceptual computing efforts and products designed for wearables, drones and other market segments. Lastly, the company determined that SSG will no longer be an operating segment. SSG’s historical results will be included in the "all other" category.

Comments