Nvidia confirms its Tegra processor business going strong

Back in September 2009, the first Nvidia-powered mobile device surfaced, taking the graphics card making manufacturer into the mobile world. However, they hit it big in the mobile space in 2010, with the release of the dual-core Tegra 2 processor inside the LG Optimus 2X, and according to Nvidia, since then their Tegra business has being going quite strong, with particularly high growth in 2012.

Nvidia reached a record high of $1.2 billion this year in their third-quarter revenue, and 30 percent of the company’s income is now flowing in from “non-PC chips”, meaning the Tegra chips in use in many Android devices, including popular ones like the HTC One X and the Google Nexus 7, the latter of which has been selling a million units per month and was probably instrumental in the company’s growth in the mobile chip business.

Being one of the top choices for powering high-end Android devices, and with the OS’ growth ever-growing, Nvidia will probably continue to see their revenues keep growing, specially as they introduce the next generation Tegra 4 chipsets next year. Nvidia also provides processors for Microsoft’s Surface tablets, which have also been met with positive reception and are expected to sell quite well in the coming months, so Nvidia will no doubt continue to be one of the major chipset providers for smartphones and tablets.