Barrett's goal for 2001 is to see revenue grow in the "high teens" in percentage terms, he said. Moving forward, Intel's microprocessor group, which accounts for about 80 percent of sales, is expected to grow by a comparatively modest 10 percent a year, while new areas such as networking and communications products should grow by as much as 50 percent, he said.
The company sees big growth opportunities in the fast-growing cellular telephone market, and plans to develop a "single-chip solution" that will combine DSP (digital signal processor), CPU, and flash memory functions on a single chip, Barrett said. Such highly-integrated devices should help manufacturers build smaller and less expensive phones.
"The cellphone is turning into a much more geeneral compute product," Barrett said. "More and more you'll see Intel on the inside of those products as well as being on the inside of the PC."
In the notebook PC segment, Intel expects to crank its mobile Pentium III processor to 1.2GHz next year, while reducing the average power consumption of its mobile chips to half a watt to improve battery life. The chip maker expects that notebook sales will continue to grow faster than desktop sales, to account for a quarter of all PC units sold by 2005, Otellini said.
For server customers, meanwhile, Intel will release new 900MHz Pentium III Xeon processors early next year that feature enlarged cache sizes to boost performance. A server version of the Pentium 4, code named Foster, will appear in the first half of 2001 at 1.5GHz and above, Otellini said.
Intel is on track to launch pilot systems based on McKinley, its second 64-bit processor core, in the fourth quarter of 2001. Commercial systems based on Intel's first 64-bit Itanium, formerly code-named Merced, will roll out during the course of 2001 starting early in the year, Otellini said.
Turning to InfiniBand, a high-speed bus architecture for linking Intel-based servers and storage devices, Intel expects to be among the first vendors to roll out a full set of InfiniBand products by the fourth quarter of 2001. The products will include chip sets, host adapters, switches, target devices, and software, Otellini said.
James Niccolai is a San Francisco-based senior correspondent for the IDG News Service, an InfoWorld affiliate.