San Francisco, CA, United States (4E) – PCs will soon be replaced with tablets according to graphics-chip maker Nvidia. Nvidia believes that a “great tablet is better than a cheap PC.”
Nvidia’s mobile chip business has taken off with the influx of new tablets by numerous manufacturers. But it’s not yet big enough to carry Nvidia. The company still makes majority of its profit from PC graphics chips.
With slowing computer sales and rising tablet sales, it’s only a matter of time until consumers use tablets more than traditional PCs.
“These days, tablets are so versatile, transformable. Now with Microsoft Surface and Windows RT, the distinction between a tablet and a cheap notebook has all but disappeared…. The future of cheap PCs is tablets,” Nvidia Chief Executive Jen-Hsun Huang said.
Nvidia doubled its tablet sales and will ship 30 million units of its popular Tegra mobile chip.
Even when tablets are nipping on the heels of computers, Nvidia is still pushing for ARM-based chips used by Windows RT. Lenovo and Asus are some of the PC manufacturers that are releasing Windows RT devices.
Nvidia seems to be doing well according to financial reports. CNet reports that the company’s “revenue jumped 13 percent to $1.2 billion, in line with Nvidia’s August forecast for $1.15 billion to $1.25 billion.”