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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (99961)	2/28/2000 2:56:00 AM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Stephen - Re: "Mitsubishi says Intel tie-up report speculation" Well - here's another twist to the whole story: {=====================================} bloomberg.com Mon, 28 Feb 2000, 2:34am EST Intel Corp. to Expand Its Mobile Phone Development Operations in Japan By Hideki Sagiike Intel Corp. to Expand Its Mobile Phone Operations in Japan Tokyo, Feb. 28 (Bloomberg) -- Intel Corp., the world's largest chipmaker, will expand its mobile phone development operations in Japan to benefit from the growing market for mobile handheld devices capable of accessing the Internet. Intel said today it will set up a center in Japan to develop technologies used in a new generation of cellular mobile phones, which will be able to tap into the Internet at high speed and even download moving pictures such as movie previews and sports highlights. Intel will cooperate with Justsystem Corp., a developer of personal computer software applications, Acces Co., a Japanese computer network system integrator, and two other unidentified companies. Mitsubishi Electric Corp. shares rose 8.9 percent after the Nikkei English News reported the mobile phone handset maker and Intel Corp. plan an alliance involving cellular telephone technology. Intel will supply Mitsubishi with a microprocessor designed to work with portable information terminals and with advanced chips to be used in a cell phone base that's currently being developed, the report said. Intel (Japan) President Nobuyuki Denda would not comment on any ``individual agreements with other companies.' Mitsubishi share rose as much as 77 yen to 943 yen. They finished the morning at 940 yen. {===================================} Paul