Ruling out any move to become the rival of its own customers, the world's largest chip-maker Intel on Wednesday said it is not interested in acquiring technology giant HP's PC business.
Intel Capital, the venture capital investment arm of world's largest chip maker Intel, is eyeing firms with chip design and telecom application capabilities in India to infuse capital over the next couple of years.
Intel Capital, the investment arm of Intel Corp, is seeking further investment opportunities to support its WiMax (Worldwide Interoperability for Microwave Access) strategy, since it believes the technology could shake up the wireless data market.
Intel Capital has announced an investment of $23 million (about Rs 1.15 billion) in three Indian companies -- Indiamart.com, One97 Communications and Global Talent Track. However, figures were not disclosed. The funding will come from the $250 million Intel Capital India technology fund. The fund invests in Indian technology companies to help stimulate local technology innovation.
Singapore-based eSys Distribution has signed an agreement with global chip giant Intel for distribution of the latter's microprocessors and other computing products through its Indian subsidiary.
Intel Corporation on Thursday announced the expansion of its management team in India in recognition of the growing importance of the country as a global design and development centre, as well as a significant consumer market.
The move puts it in competition with Apple, Amazon and Google.
Ravishanker Kuppuswamy and R Sivakumar of Intel speak about the challenges their team faced while designing and developing Intel's latest processor Xeon E7.
The world's largest chip-maker Intel Corporation on Thursday said the new 'Ultrabook' devices being developed with its technology will initially cost around $1,000, but the price tag should fall below $799 in coming years.
Next year, the company would come out with an optimised Penryn microprocessor which would be fitted with Wi-Fi and Wi-Max.
Intel believes country's Wimax market alone could touch Rs 21,000 crore (Rs 210 billion) in the next three years as the Indian telecom market has now become more attractive after the announcement of 3G and broadband wireless access licence policy. The country is adding more than 6-7 million wireless subscribers every month and Intel believes after the roll-out of Wimax services around 7 to 8 per cent of the new customers would subscribe to WiMax service.
World's largest chip manufacturer, Intel Corporation on Tuesday said it awaits detailed guidelines of the semiconductor policy before deciding on setting up a manufacturing facility in India.
Company to bring in initiatives like biometric transactions to improve efficiency.
Six Indian-American students have grabbed top positions in a competition of young innovators.
The chipmaker's Clover Trail+ mobile chip will be used in one version of its 10.1-inch tablet.
Intel, which has virtually no momentum in the mobile market, would roll out the next generation Atom processors on smartphones next year.
Intel Corporation on Tuesday unveiled the Intel Centrino Duo mobile technology for a new generation of laptops.
The finalists will present their research findings across 16 branches of science between March 7 and 13 this year.
Intel, which recently announced over 10,000 job cuts worldwide, on Thursday said impact of the layoff decision was "relatively minimal" on its workforce in India, where the world's largest computer chip-maker plans to set up a manufacturing facility.
Intel's third quarter net revenue grew sequentially to $9.4 billion against $1.4 billion in Q2, supported by improved demand for microprocessors and chip-set units.
"After my discussion with Craig Barret, the CEO of Intel said they have finalised on India, said IT minister Dayanidhi Maran.
The department of science and technology, Confederation of Indian Industry and Intel on Wednesday signed a statement of intent with a view to promote culture of inventions and innovations among students and youth of the country.
Intel, the world's largest chipmaker, is understood to be in talks with leading Indian telecom companies like Tata Communications (formerly VSNL), Bharti Airtel and Reliance Communications that could bid for broadband wireless access spectrum to be auctioned by the government in January 2010.
In June this year, the Bengaluru-based online marketplace has jumped into the fiercely competitive smart device market in India by launching its calling tablet for Rs 9,999.
Chipmaker Advanced Micro Devices Inc. has filed an antitrust lawsuit against Intel Corp., accusing its market-dominating competitor of forcing customers into exclusive deals to keep them from buying AMD microprocessors.
Communication and IT Minister Dayanidhi Maran on Tuesday asked world's largest chip manufacturer Intel to set up a facility in India in view of the fast growing domestic IT market.
...for violating anti-monopoly rules to dominate the market for microprocessors.
With most of the technical problems in delivering Internet connectivity over the electric power lines addressed, Intel Corporation is planning to start the user trials of the technology in India in the next few months.
The drastic change in plans for the retail spaces follows the company's abrupt abandonment of a grand plan to become an entertainment hub in living rooms around the world - a retreat that has been rumored but not yet acknowledged by the company.
With its Ultrabooks, leading chipmaker, Intel, has brought enterprise features like cloud services, lighter devices with longer battery periods and remote data security on devices like laptops, smartphones and PCs to the consumer.
Even as Intel's plans to set up a manufacturing centre in India is under a cloud, the global microprocessor major said it was committed to invest more in the country.
Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.
World's largest chipmaker Intel and NIIT have signed a memorandum of understanding to significantly enhance the use of technology-assisted learning in schools.
Intel will build a new chip factory in Israel at a cost of $4 billion, the biggest ever foreign investment in the country
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