Intel Q4 sales up more than expected, forecasts flat 2017

(Telecompaper) Intel reported fourth-quarter revenues of USD 16.4 billion, up 10 percent from a year earlier and better than the company's forecast. Its main Client Computing Group contributed USD 9.1 billion, up 4 percent, while the Data Center Group rose by 8 percent to USD 4.7 billion. The newer Internet of Things Group increased sales 16 percent to USD 726 million, and the security unit also grew by 7 percent, to USD 550 million. The chipmaker's gross margin was down 2.6 points from a year a