EFTA01461195.pdf
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21 November 2013
Semiconductors
Intel
if igure 2: Investments as % of revenue !Figure 3: Opex per employee
39%
40% $190 $168 $176 9175 $172
35% $170 $159 $164
5150
30% 3129 $134 I 1 1
S130 $116 $120
25%
20% Ss9700
15% -
10% 5$$50 , I .
re 1 1 eft et.ci`*-rt.
■Capes % of revenue Opex % of revenue NC/rex/employee
Sarc • Daunt rS.M Sate. Doce3c*S• 9w*
Deutsche Bank Securities Inc. Page 5
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123076
CONFIDENTIAL SDNY_GM_00269260
EFTA01461195
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EFTA01461195
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