Intel sells mobile chip division to Marvell
Posted June 29, 2006 at 04:29 PM by Doug Berger
Section: News, Cellphones, Mobile Computers, Hardware
Competition in the mobile chip industry is tough these days with costs coming down, and companies such as Texas Instruments, Qualcomm, and Samsung ruling the market. That’s why Intel has just decided to sell off its XScale processor to Marvell for $600 million in cash. Companies such as Dell, palmOne, and HP have PDAs and Smartphones built off of the XScale technology. Intel will continue to produce the XScale for up to two years, and Mavell will absorb the 1,400 people in the Intel XScale division.
Via [phoneArena]