The US based semiconductor manufacturer Intel Corporation (NASDAQ:INTC) has decided to excel into the international TV industry. Recent media reports revealed that Intel has collaborated with Hillcrest to develop point n click motion controlled remotes to speed up the TV surfing.

The TV remote controller of such type is a vital tool to control Intel’s TV library that is capable of storing the programming for the past 30 days. However browsing such data that holds record of all month long TV shows is a tricky job. To solve this problem Hillcrest will provide Intel in air pointing and motion control technology to develop new TV remotes.

The motion based “pint and click” interfaces were used by smartphones and computers for many years. And now this idea is being held by Intel to give captivating experience for TV subscribers.

The Hillcrest’s technology will be used by the Intel reference design kit for set top boxes.It will allow users to search through the channels with a point and click tool.

Intel Corporation (NASDAQ:INTC) stock in last session held volume of 35.18 million shares as compare to its average volume of 37.88 million shares. The stock after opening at $21.24 hit high price of $21.19 and then closed at $21.26 by falling -0.56%.

Looking at the revenue measures, the company generated sales of 53.34 billion in last twelve months with income of $11.01 billion. The Company showed a positive 20.63% in the net profit margin and its operating margin is calculated as 27.20%. Company’s annual sales growth for the past five years was 6.83%.

INTC past twelve months price to sales ratio was 1.97 and price to cash ratio recorded as 5.79. As far as the returns are concern, INTC return on equity recorded as 22.66% while its return on assets stayed at 14.16%.