London
The Asian Age
Cannibalisation of laptop computer sales by lower-priced netbooks is currently about 20 percent, "less than speculation", Intel’s European sales chief said.
Christian Morales said netbook sales were about 16 percent of all notebook sales globally, and a little higher in western Europe. In Britain and Italy they may account for as much as a quarter of all notebook sales, he said on Wednesday.
Intel has for now cornered the fast-growing market for inexpensive netbooks, made for simple functions such as surfing the Web, with its Atom processors. Many fear that that fast market growth may be at the expense of higher-priced laptops.
"We have seen some cannibalisation of Celeron by Atom," Morales said in a presentation to analysts in London, referring to Intel's processors for budget notebooks.
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