Feb 15th, 2012

Nvidia saw their revenue dwindle towards the end of 2011 and for this year, the company hopes to get back on its feet, thanks to their new and improved, Tegra 3 processor hitting smartphones and tablets this year. Despite high expectations, Nvidia has slightly toned down its outlook for this year bringing down their previously expected $1 billion in revenue to a more reasonable $900 million.

Speaking of those Tegra 3 smartphones, during Nvidia’s earnings call today, CEO Jen Hsun Huang said the company plans to begin shipping these quad-core super phones within weeks of their big unveiling at Mobile World Congress in just a few weeks. Although he didn’t mention any phones by name, we’re expecting the LG X3, HTC One X and possible others to make their debut at this year’s MWC. Huang also mentioned that Nvidia also hopes to ship their new pure cellular chipset — codenamed Gray — this year. Gray will include both 3G and LTE capabilities into a single chipset.

Nvidia was first out the gate with a dual-core processor last year, but handset OEMs (or consumers?) seemingly lost faith in the processor moving onto similar offerings from rivals Texas Instruments and Qualcomm dual-core processors. Should be exciting to see which semiconductor company will be first to try and 1-up Nvidia’s Tegra 3 this year.

[Reuters | Via Electronista]


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