Windows Phone Thoughts: Intel to Invest $150 Million in Wi-Fi Technology

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Monday, October 21, 2002

Intel to Invest $150 Million in Wi-Fi Technology

Posted by Jason Dunn in "NEWS" @ 12:26 PM

http://story.news.yahoo.com/news?tmpl=story&ncid=581&e=1&cid=581&u=/nm/20021021/tc_nm/tech_intel_wireless_dc

Not that WiFi needed any help, but Intel is throwing some money into the ring to make sure the champ keeps swinging. What interests me most is the forthcoming Banias CPU with built-in support for WiFi. Cool.

"Intel Corp. said on Monday it plans to invest $150 million in companies developing high-speed wireless networking technology, an area of growth that Intel sees as key to accelerating revenue and profit in the coming years. Intel, the world's largest chipmaker, did not specify which companies it would invest in, or the time frame in which it would make the investments.

The most prevalent high-speed wireless technology standard used currently to connect PCs, laptops and handheld computers to each other and the Internet is known as Wi-Fi, or 802.11. Related to its push to spur the adoption Wi-Fi, Intel will introduce in the first half of next year its microprocessor chip code-named Banias, the first Intel has ever designed from scratch for mobile computing. Banias will include Wi-Fi capability as part of its chipset and processor technology, Intel has said." Source: Pete Paxton

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