Intel Corporation (NASDAQ:INTC) Braces for a Smartphone Push at MWC - LDK, ATML, FORM

Pompano Beach, FL -- (SBWIRE) -- 02/04/2013 -- This year seems well prepared to be Intel Corporation’s huge move in the smartphones segment. It has previously declared the release of its low-end Z2420 'Lexington' platform, and market had observed products operated on the chipset in recent times.

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First launch was the Xolo X500 that was released in India by Lava, and then came Acer's Liquid C1 that was lately launched in Thailand.

All these smartphones have been operated by single-core processors. Now, Semiconductor giant Intel (INTC) plans to pull up its socks by launching its first dual-core platform. A press release on Intel’s website showed its intentions to display a latest platform at the upcoming Mobile World Congress (MWC).

Particularly, Intel (INTC) would display its newest smartphone technologies and devices operating on the Android platform, counting a latest dual core, dual graphics platform, along with OEM- and service provider-supported devices formed on the firm’s latest Intel AtomTM Z2420 platform aimed at growing markets.

At the current trading session, Intel Corporation (NASDAQ:INTC) shares fell -0.02% to $21.35 while The Stock traded within the range of $21.25 – $21.38. In the past year, the stock has traded within a range of $19.23 – $29.27. The current session’s volume of 7.09 million shares is down from the average daily trading volume of 51.22 million shares.

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While If we look at the few other stocks within industry, LDK Solar Co., Ltd, Atmel Corporation and FormFactor, Inc. are remain in gainers list. Let’s have a quick look on their Market performance.

LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares are up +7.98% to $1.76 while the stock is traded within the range of $1.60 – $1.76 in the current trading session. In the last 12 months the shares have traded between $0.71 and $6.92. The current session’s volume of 1.89 million shares is lower than their average daily trading volume of 3.58 million shares.

What was the Moving Force behind LDK On Bullish Run? Read This Research Report

Atmel Corporation (NASDAQ:ATML) shares in the current session moved up +3.24% reaching at $7.32. The stock traded in a range of $7.05 – $7.33. In the last year the stock has moved within a range of $4.37 – $10.74. The current session’s volume of 2.53 million shares is lower from their average daily trading volume of 6.42 million shares.

Will ATML Continue To Move Higher? Find Out Here

Another rival company FormFactor, Inc. (NASDAQ:FORM) trading up +2.06% to $5.20. Intraday trading recorded the stock price in a range of $5.08 to $5.25. In the previous 52 weeks the stock’s price ranged between $3.70 and $6.92. The current session’s volume of 114,337 shares was higher from their average daily trading volume of 228,836 shares.

Why Should Investors Buy FORM After The Recent Gain? Just Go Here and Find Out

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