Intel To Make WiMAX Investments In Taiwan

According to the Commercial Times, a Chinese newspaper, Intel have recently made moves to set up a regional office for WiMAX in Taiwan. The paper says that Intel are planning to work with companies like Acer and with the Development Fund of Taiwan’s Executive Yuan to establish between one and three companies which will make WiMAX investments by taking up equity in companies related to WiMAX in Taiwan.

The paper suggested that the formal announcement of the new office in Taiwan will come towards the end of April, and will be delivered by the Executive Vice President of Intel, Sean Maloney. The official announcement will also include an outline of Intel’s WiMAX investment plans for 2008.

The chairman of Taiwan’s Council for Economic Planning and Development (CEPD), Ho Mei-yueh, and the chairman of Acer, JT Wang, recently visited with Intel, is suspected as the reason that Intel is now taking up their opportunity in Taiwan, which is based on a MOU signed with the government in 2005.

Story link: Intel To Make WiMAX Investments In Taiwan