Fifty years ago, Intel was built with a purpose: to ponder what might be possible – to imagine, question and then do wonderful things in pursuit of a better future. Our 50th Anniversary is a rare moment for us to honor our heritage and accomplishments of the past while celebrating how we’re creating a bright future for Intel today and a better world tomorrow.
Intel’s Economic Impact
For the past 50 years, Intel has been bringing benefits to economies locally and across the world.
- Intel directly contributed $ 24 billion to U.S. GDP in 2015 and $ 62 billion indirectly.
- Today, Intel has more than 50,000 employees in high-tech jobs in the U.S.
- Overall, through direct employment and its supplier and partner network, Intel supports more than 500,000 jobs throughout the country.
- Intel Capital has invested more than $ 8.4 billion in U.S. companies.
- Among U.S. companies, Intel is the third largest investor in R&D, enabling transformative new technologies such as artificial intelligence, autonomous driving, 5G networks, drones and other areas that have huge economic potential.
- With a site population of approximately 20,000 at the end of 2017, Intel is Oregon’s largest private employer.
- Intel is the largest manufacturing employer in Arizona, employing more than 10,000 full-time employees.
Intel’s Manufacturing Leadership
Intel is a global leader in manufacturing with the skills and facilities to accommodate the production of future technologies.
- Intel produces more than 300 quadrillion transistors each year – that’s more than 10 billion transistors per second.
- Intel sends out one shipment every 28 seconds from our global inventory locations.
- The inside of a chip factory is cleaner than about any other place you can visit on Earth. To avoid contaminating the chip-making process, the air in an Intel fab clean room is filtered to 1,000 times fewer airborne particles than would be found in a sterile hospital operating room.
- More than 15.4 million square feet of our space in 46 buildings has been LEED certified, which is approximately 25 percent of our total operational space.
Intel as a Great Place to Work
Innovation begins with inclusion. Shaping the future of the next 50 years of technology requires a diverse workforce that is representative of that future.
- In January 2015, Intel set a goal to reach full representation of women and underrepresented minorities in our U.S. workforce by 2020. We committed $ 300 million to support this goal and our broader goal of improving diversity and inclusion in the entire technology industry. We are on track to reach our goal by the end of 2018, two years ahead of schedule.
- Our gap to full representation has narrowed from 2,300 employees in 2015 to 376 employees at the end of 2017 – an 84 percent improvement.
- The number of underrepresented minorities in leadership positions at Intel increased 27 percent from 2015 through the end of 2017.
- To better support retention of diverse talent, Intel created WarmLine, an employee hotline to confidentially report concerns, designed to improve the overall employee experience. To date, the WarmLine has received over 10,000 cases, and our case managers achieved a more than a 90 percent retention rate.
- To improve African American representation, we are working closely with our partners at six historically black colleges and universities (HBCU) as part of our comprehensive approach to developing and recruiting African American talent.
- IGLOBE (Intel Gay, Lesbian, Bisexual or Transgender Employees) was established in 1995 and was the first employee resource group at Intel.
Recent updates to Intel’s benefits programs will continue its reputation as a great place to work for the next 50 years and beyond.
- Families form in many ways, and we support them all. We offer generous fertility benefits worth $ 40,000, with an additional $ 20,000 for prescription coverage.
- At Intel, we cover up to $ 15,000 per adoption, with no lifetime cap on the number of adoptions.
- Intel provides access to high-quality health benefits for its retired workforce. Unlike many large employers, Intel continues to provide sustainable and competitive health plans to cover approximately 12,000 U.S. retirees.
- A hallmark of Intel is the extraordinary sabbatical program we established over 30 years ago. Sabbaticals give employees the option to celebrate their fourth anniversary at Intel with four weeks off with full pay, or their seventh anniversary with eight weeks off – all in addition to regular vacation time.
Intel’s Growth Story
Intel is transforming from a PC-centric to a data-centric company and competing for a $ 260 billion total addressable market – the largest in Intel’s history.
- Intel achieved record revenue in 2017, primarily driven by growth of data-centric businesses. At the same time, our PC-centric business continued to be a source of profit, cash flow, scale and intellectual property.
- Collectively, Intel’s data-centric businesses are growing at percentages in the mid-teens and are approaching 50 percent of Intel’s total revenue.
- We have shifted our R&D focus as we transform to become a more data-centric company, while efficiently maintaining our investment at approximately 20 percent of revenue.
- During 2017, we paid $ 5.1 billion in dividends and increased dividends per share by 4 percent over 2016. We announced a 10 percent increase in dividends for 2018.
- Forbes named Intel No. 14 on its list of the World’s Most Valuable Brands of 2018.
Innovation at Intel
Intel is at the cutting edge of future innovation, developing new technologies that will revolutionize the next 50 years.
- Unlike most U.S. technology companies, Intel operates the majority of its manufacturing and R&D in the U.S. (although 80% of Intel’s revenue is generated elsewhere in the world).
- Intel continues to invest heavily in autonomous driving – most significantly the 2017 acquisition of Mobileye for $ 15.3 billion. In 2017, Mobileye generated $ 500 million in revenues with a more than 40 percent growth rate.
- There is a 30 percent estimated reduction in fatal accidents in Intel-powered ADAS-equipped vehicles.
- Intel invested $ 50 million with QuTech* as part of a 10-year collaboration to accelerate quantum computing research, which holds the promise of solving complex problems that are practically insurmountable today.
- Intel developed a first-of-its-kind self-learning neuromorphic test chip – code-named Loihi – that mimics how the brain functions by learning to operate based on various modes of feedback from the environment.
- Intel released the industry’s first 5G trial platform in 2016 and remains at the forefront of developing the 5G networks that will power everything from autonomous vehicles to the smart hospitals and connected factories of the future.
- Intel has invested $ 1 billion in companies that are helping to advance artificial intelligence.
- Intel has shipped 9 million cores in the past five years to power the world’s data centers and cloud infrastructure.
Corporate Social Responsibility at Intel
Intel has a long history of commitment to our communities and the environment, beginning with our founder Gordon Moore.
- Over the past two decades, our sustainable water management efforts have enabled us to conserve billions of gallons of water and return approximately 80 percent of our water use back to our communities. We recently broadened our focus to restore 100 percent of our global water use by 2025.
- To date, our water conservation efforts have saved around 60 billion gallons of water, enough to sustain over 500,000 U.S. homes for one year.
- Since 2012, we have invested more than $ 185 million to complete 2,000 energy conservation projects, and as of the beginning of 2018, we have facilitated the installation of more than 88 on-site alternative energy projects in 15 countries and states, using 19 different technology applications.
- For more than a decade, Intel has been one of the top voluntary corporate purchasers of green power in the U.S. EPA’s Green Power Partnership (GPP) program. In addition to generating on-site green power and purchasing green power for our utility suppliers, we purchase RECs from multiple sources of generation.
- Today, 100 percent of Intel’s U.S. and EU power use and approximately 73 percent of our global power use is green power.
- For the last five years, we have recycled more than 82 percent of the total waste generated in our operations.
- Intel has reduced its carbon emissions by more than 40 percent in the past two decades.
- In the past 10 years, Intel employees have volunteered more than 10 million hours of their time.
- Intel was named one of Ethisphere’s 2017 World’s Most Ethical Companies.
Intel holds its suppliers to strong standards of operation to improve both our technology and the world around us.
- Since 2008, we have worked extensively to develop responsible mineral-sourcing options for Intel and our industry. We’re proud to have manufactured microprocessors that are conflict-free since 2013.
- We’ve worked with suppliers to build a strong system to detect and address forced and bonded labor in our supply chain. Our policies require no employee passports to be withheld and no fees charged to workers to obtain or keep their employment. Since 2014, these policies have resulted in $ 13 million in fees returned by suppliers to workers.
- We set expectations for greenhouse gas emission reporting and reduction, and we are proud to report that 100 percent of suppliers responded to a 2017 request to submit carbon footprint data.
- Intel spent more than $ 650 million with diverse suppliers in 2017, making significant progress toward reaching its goal of $ 1 billion in annual diverse spending by 2020.
Intel is expanding access to STEM education to create the innovators of the future.
- As of the end of 2017, Intel had helped 3.3 million women in sub-Saharan Africa connect to health, government, education and economic opportunities through the Intel She Will Connect program, and expects to achieve its goal of reaching 5 million women by the end of 2018.
- Through the Intel® Future Skills program in 2017, Intel helped 14,000 underserved young people acquire technology skills they need for the jobs of the future.
- Intel’s collaboration with the Oakland Unified School District continued to achieve results in 2017, with a 400 percent increase in students enrolled in computer science classes since 2015.