Chip giant Intel has reported fourth-quarter revenues of US$13.5bn, bringing full-year revenues for 2012 to US$53.3bn. The fourth-quarter profits of US$2.5bn brought full-year net income to US$11bn.

From Silicon Republic:

The company, which employs more than 4,000 people in Ireland, generated about US$18.9bn in cash from operations, paid dividends of US$4.4bn, and used US$4.8bn to repurchase 191m shares of stock.

However, it has been a challenging year for the company, reflecting downward trends in the PC industry around the world. Intel’s PC client group’s full-year revenues of US$34bn were down 3pc on 2011 and Intel’s architecture group’s US$4.4bn revenues were down 13pc on the previous year.

 Intel reports full-year revenues of US$53.3bn and US$11bn in profits