By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp is shipping new mobile chips that represent the semiconductor company's biggest hope for making progress in smartphones this year. Responding to a growing market in China for low-cost handsets often priced below $100, Intel announced plans for the chip, code named Sofia, in late 2013 at a meeting with investors. "We went from PowerPoint to shipping in 15 months," said Aicha Evans, General Manager of Intel's Platform Engineering Group. As well as smartphones, the Sofia chip fills a gap in Intel's lineup of chips for tablets.
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