Tag: intel

The chipmaker is stepping into a mobile venture for which it will hold a 20 percent stake.

In recent technology news, Intel is going to pay as much as $1.5 billion in order to grab hold of a 20 percent stake in a venture in china that will have the company designing and manufacturing chips under the company’s brand for mobile phones as well as other types of electronic devices.

This is the latest step in Intel’s attempt to move away from the shrinking growth of the laptop and desktop market.

At the moment, Tsinghua Unigroup Ltd, a state owned organization that receives its funding from Beijing’s Tsinghua University, is the controller of the chipmakers in China, RDA Microelectronics, and Speadtrum Communications. Intel is seeking to make technology news by becoming a more important and stronger competitor in the mobile chip business, in which it has struggled to be able to achieve any level of dominance as is the case in laptops and desktop computers.

Intel’s technology news shows its drive to grasp onto a larger portion of the rapidly growing mobile market in China.

The Chinese mobile market has already become the largest on the globe. This, therefore, presents a massive opportunity for Intel, if it can manage to reach in and take a large piece for itself. This particular effort has recently taken on a greater level of urgency as sales growth has started to decline in traditional computers as people look to smartphones and tablets for many of their computing needs. As that more traditional tech category had been Intel’s bread and butter, it has meant that the company has needed to look to other areas in order to ensure future successes.

Recently, the technology news was announced that Intel and Spreadtrum would be working together to create a new family of smartphone chips. Those chips are expected to become available within the second half of 2015. The deal, itself, is expected to close at some point within the first quarter of next year. It represents the second corporate partnership entered into by Intel that is focused on mobile chips, this year.

The two companies recently announced that they would develop these gadgets in a joint effort.

Intel Corp, the chipmaker giant, has recently announced that it will be working with Fossil Group, the designer fashion accessory retailer, in order to create wearable technology devices that will benefit from both practical features and from style.

This partnership has arrived at a time in which Intel has been seeking to broaden its efforts beyond its traditions.

Intel is taking steps toward wearable technology as it expands its horizons beyond its traditional personal computer industry market, and into new markets such as the personal computer industry. Their sights are clearly set on new areas of internet connected products that includes such items as tablets, smartwatches, and even smart clothing.

By working with Fossil on its wearable technology Intel may give itself a considerable fashion advantage.

Aside from working with Intel on fashion products that cross over as wearable tech devices, Fossil is also going to be assisting the venture capital arm at Intel in the search for investments that will drive innovation forward in the wearables category. This, according to a statement that Intel has recently released with regards to its partnership with the designer retailer.

Intel has previously announced that it has been working with Opening Ceremony, a design company, in order to create and launch a new fashion bracelet that is designed with semi precious gemstones, as well as wireless charging and communications features.

With each new announcement, it is becoming increasingly clear that Intel is viewing the road ahead as one that is aimed directly through the wearable technology market. While this category hasn’t taken off with the speed that had been predicted – other than with fitness trackers – the majority of the large mobile tech companies are all coming up with their own versions of gadgets that can be worn in one way or another in order to gather and track information, provide notifications, and even run certain apps. This month is set to be a strong one for releases and unveilings of smartwatches from a number of brands that have never before had a product in this category.