Microsoft Joins Intel Facing Slower Growth as China Stalls: Tech

Intel Corp. and Microsoft Corp., whose products run at least 80 percent of the world’s personal computers, are set to report lackluster sales growth as China’s slowing economy exacerbates stalling demand for PCs.

Intel, the largest maker of microprocessors, and Microsoft, the No. 1 software company, will report quarterly earnings this week. Analysts project both will say sales rose 5 percent or less from a year earlier, as consumers choose tablet computers and smartphones over PCs or hold off on purchases altogether.