U.S. microchip maker Intel Corp. and Mitsubishi Electric Corp. said Wednesday they have agreed to jointly develop a chip set for next-generation cellular telephones that can tap into the Internet.
The chip set, which includes a flash memory chip and a microprocessor unit with low electricity consumption, will realize "high-performance, low-power and highly integrated multimedia cellular phones of the third-generation," the companies said.
Intel, which has an overwhelming share of the world's semiconductor market, has pushed to enter the wireless communications field in view of the fast-spreading use of the Internet.