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Intel increases investment in Taiwan WiMAX

Intel has upped its interest in WiMAX technology, investing NT$386 million (US$11.7 million) in Taiwanese operator VMAX and signing an agreement with the country’s Ministry of Economic Affairs to establish a development centre on the island focused on open source software and applications built around its Atom chip.

Intel slashes 4Q outlook

Associated Press reports that Intel has slashed more than US$1 billion from its sales forecast.

Ericsson, Intel partner on security

Ericsson is teaming-up with Intel to ensure that Ericsson’s Mobile Broadband Modules are interoperable with Intel’s Anti-Theft PC Protection Technology for notebooks in an effort to offer a secure anti-theft solution for mobile broadband users.

Clearwire preps ‘first’ mobile WiMAX launch

US WiMAX operator Clearwire looks set to switch on a mobile WiMAX network in the US city of Portland early next year, its first since its high-profile asset merger with Sprint Nextel was completed at the end of November.

Intel in second revenue warning

The BBC notes that Intel, the world’s biggest computer chip maker, has cut its forecast for its fourth-quarter earnings for the second time.

Intel reports sharp profit drop

The BBC notes that slowing spending on computers saw Intel profits fall by 90 percent from US$2.3 billion to US$234 million in the last three months of 2008.

Intel plans to close 4 plants, cutting up to 6,000 jobs

Telecompaper notes that Intel has disclosed plans to restructure some of its manufacturing operations and align its manufacturing capacity to current market conditions.

Intel’s Barrett to retire

Telecompaper notes that Craig Barrett intends to retire from active management in his role as chairman of Intel at the company’s shareholder meeting in May.

Intel to invest US7B in US

Reuters reports that Intel plans to invest US$7 billion over two years to build next-generation US chip manufacturing plants, unveiling its biggest spending plan for new technology amid a deepening economic recession and huge internal job cuts.

Nokia dismisses WiMAX in next-gen technology battle

Nokia has dismissed the prospects of WiMAX becoming a serious player in the next-generation mobile technology era.