Intel will run wireless as separate business
Peter Clarke, EETimes
8/31/2010 9:11 AM EDT
LONDON Intel Corp. will operate the wireless business it is set to acquire from Infineon Technologies AG as a separate business, according to executives speaking at a press conference called to discuss the deal.
The wireless business unit employs about 3,400 people, with 1,600 based in Germany, and executives from Intel (Santa Clara, Calif.) said they expect to invest considerable amounts of money and resources to help drive it to become a market leader. However, at least initially, manufacturing will continue to be done in foundries as it is currently being done from within Infineon (Munich, Germany).
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