Summary Box: Intel buys chip tech in phone push

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

INTEL‘S DILEMMA: Intel Corp. is at risk of missing out on the next great opportunity for semiconductor companies _ smart phones _ which is why it has decided to buy the wireless-chip division of Germany’s Infineon Technologies AG

WHAT INTEL GETS: Intel would become the fifth-biggest supplier of mobile-phone processors if the deal closes as expected in the first quarter of next year.

WHY IT’S IMPORTANT: Intel is the world’s biggest maker of computer chips, but its current chips are seen as too power-hungry for smart phones, which are threatening PCs as gateways to the Internet.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
TWT Video Picks