Thursday, June 1, 2006

SJ Mercury News: Intel to Sell Certain Communications Units

Intel is preparing to sell certain money-losing communications business units, according to the San Jose Mercury News. Intel has spent $10 billion for its entire collection of communications businesses over ten years. The newspaper speculates that Intel will likely keep communications businesses that support its core computing business, such as its storage processors, WiFi and WiMAX silicon, while selling off technologies such as network processors and chips for mobile phones.

http://www.mercurynews.com