Intel, the US-based chipmaker, decided to invest in WiBro (Wireless Broadband), the Korean version of mobile WiMAX.
Intel Capital plans to invest $20 million in WiBro Infra, a joint venture with KT, Samsung Electronics and Intel. In May, KT announced it was close to a creating a joint venture with Intel and Samsung Electronics aimed at spreading WiBro.
Index of TK Insight Issue 28 (04 October 2010)
Can New CEO Save LG's Handset Business?
Samsung Terminates Support for Symbian
Intel Invests $20 million in KT WiBro
LG Uplus Enters Mobile Ad Business
Disputes Increasing Along With Mobile Commerce
Telecoms Korea Insight covers all the main issues in the local market on a weekly basis for decision makers who are interested in the Korean market.
