2008 Intel Corporate Responsibility Report - India
Extending our technology leadership, we introduced the high- performance, energy-efficient Intel® Core™ i7 processor family. While the global economic climate significantly impacted our fourth-quarter financial results, we generated $10.9 billion in cash from operations in 2008, enabling us to continue to invest in innovation, even during the economic downturn. We continued to work with the Electronic Industry Citizenship Coalition (EICC) to effect lasting social and environmental improvements in the global electronics supply chain. Intel is the world’s largest semiconductor chipmaker, based on revenue. Our products include microprocessors, chipsets, motherboards, another semiconductor products that are building blocks for computers, servers, consumer electronics, and other networking and communications products. Our current product portfolio and our roadmap of future products and technologies are perhaps the strongest in Intel’s-year history—the result of our strategy to continually invest in innovation, even in difficult economic times.
Through the India Innovation Pioneers Challenge – a program run in collaboration with DTS and the Indo US STF, Intel also spurs young entrepreneurs to develop innovative technologies that solve real world challenges, build viable business models, and move that technology out of university labs and into the market for a positive social impact. Winners receive a cash award and mentoring from Intel technologists. This year Polyskin, the winner from India was runners up at the International competition for its revolutionary product of artificial skin for promotion of faster healing in burns and wounds. This has a huge social impact potential in developing country like India with most reported burn cases belonging to economically weaker sections and this skin costing less than a tenth of the currently available ones.
Read the full 2008 Intel Corporate Responsibility Report: India.