In the mid 1970s, the 8-bit microprocessor manufacturers raced to introduce the 16-bit generation. National Semiconductor had been first with its IMP-16 and PACE processors in 1973–1975, but these have issues with speed. Intel had worked on their advanced 16/32-bit Intel iAPX 432 (alias 8800) since 1975 and their Intel 8086 since 1976 (it was introduced in 1978 but became widespread in the form of the almost identical 8088 in the IBM PC a few years later). Arriving late to the 16-bit arena affords the new processor more transistors (roughly 40,000 active versus 20,000 active in the 8086), 32-bit macroinstructions, and acclaimed general ease of use.