November 3, 2008
Intel Invests in Taiwan Center and WiMax Operator
Intel and the Taiwan Government have signed an agreement to establish a mobile device open source software development center in Taiwan for next-generation connected devices and related technologies. It has also invested TWD 386m ($11.5m) in Taiwanese operator VMAX to enable it to deploy Taiwan's first mobile WiMAX network.
Intel and the Taiwan Ministry of Economic Affairs will jointly establish the facility where open source software and applications optimized for Intel Atom processor-based devices will be developed. Intel will provide engineers, software development resources, and software for the center.Intel president and chief executive Paul Otellini said: "As the internet evolves, the industry has an opportunity to deliver what consumers are seeking, a fast, seamless and personal mobile internet experience, regardless of device or location. WiMAX is a key component of Intel's strategy to enable the truly mobile internet. Intel Capital's investment in VMAX positions it to deliver Taiwan's first 4G wireless network."