Intel is banking on WiMax to boost its declining sales. The company will provide the technology to Sprint Nextel Corp., which announced that it will spend $3 billion to create a new network based on the standard. Intel saw a 13 percent annual increase in sales due to its Centrino chips between 2003 and 2005.… Continue Reading
Daily Archives: September 27, 2006
CSR Design For £11 Wi-Fi Phones
Wireless chipmaker CSR has developed a VoIP phone that may be sold for under $20 or just a tenth of the average cost of current models. The company plans to license UniVox to handset manufacturers and sees the release of the product by the second half of next year. The phone uses CSR’s UniFi tri-band… Continue Reading
Clearwire Gets More Dough
In the past two months, Clearwire has received over $1.1 billion to develop a nationwide WiMax network. It won $900 million in investment from IntelCapital and Motorola Ventures for the project in July. It secured a further $100 million from two investors and $125 million in debt financing from Morgan Stanley, Merrill Lynch, and JP… Continue Reading