In a bid to become most dominating force in the wireless market, Intel Corporation (NASDAQ:INTC) will start rolling its first multimode LTE processor later this month. Intel talked about this chip earlier this year, but an announcement regarding the launch came only on Monday, says a report from PCWorld.
Intel’s new chip to address the concerns
Modem chip for mobile devices, known as XMM 7160, can be enabled to work on around 15 LTE spectrum bands, as well as, on 2G and 3G networks. Smartphones today are struggling to find a technology that enables them to switch between 2G, 3G and 4G mode because there are operators who are dependent on older technology partially for their service areas and for voice calls.
In December, a strong performance helped Carlson Capital's Double Black Diamond fund achieve a double-digit return in 2021. Q4 2021 hedge fund letters, conferences and more Double-Digit Return According to a copy of the latest investor update, which ValueWalk has been able to review, Clint Carlson's Double Black Diamond fund returned 2.9% in December and Read More
Intel to make use of Infineon wireless business
The largest chip maker in the world is still a small player in the mobile industry; however, it believes it can beat the dominant QUALCOMM, Inc. (NASDAQ:QCOM). Intel expects to thrive on technology from its Infineon wireless business, which it acquired in 2010.
Hermann Eul, vice president and general manager of Intel’s mobile and communications group, said that Infineon was a “fast follower” on mobile that launched its products when commercial volumes were starting to ship, but is stepping forward towards market leadership since the acquisition.
“For us, it is the clear strategy, the clear plan, to go into a leadership position, and we are currently in the transition to do that,” Eul said.
Intel Corporation (NASDAQ:INTC) is projecting itself as a force that can bring in some intense competition in the mobile chip industry.
According to Aicha Evans, vice president and general manager of wireless platform R&D, device makers, mobile operators and other players are looking forward to Intel to bring out this change.
Advantages enjoyed by Intel
LTE brands would play an important role by giving assistance to the company as there are around 40 different spectrum bands allocated for high speed mobile data system all over the globe.
Intel Corporation (NASDAQ:INTC) claims that its 7160 has a performance edge over Qualcomm’s multimode LTE chips. Thomas Lindner, senior director in the mobile and communications group, holds the view that with the 7160 coming into the market, there could be only one chip for phones sold all over the world.
Analyst Jack Gold of J. Gold Associates holds that Intel Corporation (NASDAQ:INTC) sits positive compared to wireless rivals with its advanced chips design expertise and private foundry capacity. Additionally, he said that TSMC (Taiwan Semiconductor Manufacturing Corp.) still assists Infineon wireless, but Intel will probably work up its own chip assets to look after the wireless business in the span of two to three years.