June 29, 2006
Intel gives up on world's biggest chip market. Why?
Intel's name looks forever to be associated with the PC, now that it's ended a nine year dalliance with the phone business. The firesale of its 1,400 strong XScale processor division, and the write down of its cellular investments, means that Intel has passed up the chance to play in the largest volume chip market of them all. There are 2bn mobile phones in the world, and in many emerging markets the phone is the only computing device likely to achieve ubiquity.