The comments follow Q3 data from Gartner and IDC indicating slowing Y/Y shipment declines, thanks to relatively healthy U.S. and enterprise sales. There have also been various supply chain reports noting shipments to developed markets, where Intel's ASPs are higher, are stabilizing a bit (emerging markets remain weak).
Separately, Krzanich states Intel is looking to grow its nascent foundry business, even by taking on 3rd-party mobile chipmakers as clients. Many have speculated Intel, which has already shown a willingness to manufacture ARM-based processors for foundry clients, will try to reel in Apple.
As with mobile CPUs, Intel is banking on its manufacturing process lead to take foundry share (industry giant TSM will remain a formidable rival). Intel has landed FPGA vendor Altera as a client, and reportedly also has a deal with Cisco.
Previous: Intel sets aggressive tablet target