Intel is furthering its investment in UQ Communications, a Japanese-based WiMAX service provider, with a $43 million cash injection. The money from the company’s investment arm, Intel Capital , will help to fund UQ's goal of covering 90 percent of the country by 2012 with the wireless broadband technology; and comes just ahead of the official commercial launch next month. The service offers download speeds up to 40Mbps and uploads up to 10Mbps.
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Intel has been one of the world's largest promoters of WiMAX, making a series of investments worldwide to push the technology forward. The company is also working with other computer and communications makers to embed WiMAX-enabled chipsets in devices, though last Friday it abruptly halted production of its 'Rosedale 2' WiMAX chipset due to dropping demand in economic slowdown.
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BY Jose Vilches
Source：TechSpot.com
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