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Technology Stocks : Transmeta (TMTA)-The Monster That Could Slay Intel

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To: Jock Hutchinson who started this subject12/8/2000 11:14:56 PM
From: ms.smartest.person  Read Replies (1) of 421
 
Hitachi to sell Crusoe-based wireless Net device

asiawise.com

Reuters
8 Dec 2000 15:52 (GMT +08:00)

TOKYO, Dec 8 (Reuters) - Japanese electronics maker Hitachi Ltd <6501.T> said on Friday it would begin selling its new wireless Internet-surfing device based on the Crusoe
microprocessor in Japan on December 11.

The device, FLORA-ie 55mi, runs on Transmeta Corp's
battery-efficient Crusoe microprocessor, and allows users to
browse the Internet with the stroke of a pen.

The news comes a week after major Japanese computer maker NEC Corp <6701.T> said it would recall hundreds of notebook computers that contain a different, flawed version of the Crusoe chip.

A Hitachi spokeswoman said the company hoped to sell 20,000 units of the device each year, as demand grows on a spread of online stock trading and Internet banking.

The product, priced at 136,800 yen ($1,237), can run
continuously for seven hours.

Transmeta's Crusoe chip, first introduced in January, uses elaborate software instructions rather than hardware to perform certain functions, cutting power consumption and providing longer battery life.

The news came before the Tokyo stock market closed on Friday. Hitachi shares finished 0.45 percent lower at 1,097 yen, basically in line with the Tokyo market.

((Tokyo Equities Desk +81-3 5473 3714
tokyo.newsroom@reuters.com))
($1=110.60 Yen)
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