Intel Corporation (INTC) recently introduced a new program called “She Will Connect.” This program is aimed at reducing gender disparity in the sphere of digital literacy. Intel will begin the campaign in Africa since gender disparity in the region is the highest in the world but will soon expand the program to other developing nations as well.
Intel’s “She Will Connect” will test a new model comprising an online gaming platform and a peer network. This gaming network is aimed at delivering digital literacy content to end-users in an interactive manner through smartphones and tablets in a game-infused environment. The peer network, developed by Intel and World Pulse, will enable women to exchange ideas on various topics.
This initiative has been taken by Intel in response to the “Women and the Web” report released in Jan, 2013 that revealed the dismal picture of the huge gender disparity that existed in developing nations and emphasized on securing Internet access for more and more women for social equality and economic prosperity.
In connection with this initiative, Intel will support 2013 Clinton Global Initiative Commitment to Action and celebrate the United Nations’ second International Day of the Girl on Oct 11, 2013, which stresses on the importance of the education of girls worldwide. In the last 10 years, Intel employees have donated approximately 3 million volunteer hours toward improving education in more than 60 countries.
Intel is a renowned name in the sphere of computing innovation. It provides the technology essential for the development of computing devices all over the world. Intel Corporation reported second-quarter revenue of $12.8 billion, operating income of $2.7 billion, net income of $2.0 billion and EPS of $0.39. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion, and used $550 million to repurchase 23 million shares of stock.
Currently, Intel has a Zacks Rank # 3 (Hold). Other stocks that look attractive include Official Payment Holdings Inc (OPAY) with a Zacks Rank # 1 (Strong Buy), and Texas Instruments (TXN) and Microchip Technology Inc (MCHP), both with Zacks Rank #2 (Buy).
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