Intel Invests In Wi-Fi And Wafers - InformationWeek

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Intel Invests In Wi-Fi And Wafers

When many tech companies are locking down spending, Intel is investing in wireless networking and chip design.

Intel said last week that it plans to invest $150 million of its $500 million venture-capital communications fund in companies developing Wi-Fi technology to wirelessly connect notebook computers to the Internet. It has already invested $25 million in more than 10 Wi-Fi companies. Intel wants to increase access points to Wi-Fi networks as it prepares to ship a processor for mobile computers, code-named Banias, next year that includes built-in Wi-Fi capability.

Intel also opened a $2 billion expansion to its Fab 11 plant in Rio Rancho, N.M. The plant will use Intel's 0.13-micron process technology to produce chips from 12-inch wafers. Intel says it will produce more chips at lower costs than factories that use 8-inch wafers.

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