Chip co Altair agrees major Taiwan deal

Altair Semiconductor will integrate its WiMAX baseband processor into MiTAC's navigation device.

Fabless chipmaker Altair Semiconductor Ltd., which develops advanced mobile semiconductors for handheld devices, today announced its mobile WiMAX baseband processor the FourGee-2150, has been integrated into MiTAC’s Mio branded Mobile Internet Navigation Device (MIND). The device, called MiBuddy was unveiled today at the WiMAX Forum’s Broadband Taiwan 2009 event in Taipei. MiTAC develops and produces navigation devices and IT solutions for users around the world.

The deal is worth millions of dollars and will already generate revenue in 2009.

MiTAC’s announcement came as part of its “Explore Taiwan” project, which will provide WiMAX wireless broadband services to citizens and travelers. The project will enable rich and real-time Location Based Services (LBS), including: mobile navigation for walking, driving and public transportation as well as city tour guides where users can record what they see and find local events of interest and friends in the area.

Altair co-founder and CEO Oded Melamed said, “Altair has remained focused on providing the world’s most power efficient 4G chipset for handheld devices operating across 4G standards like WiMAX and LTE. Working with a leading device innovator such as MiTAC on this project is further validation of that focus and the value that our handheld-optimized FourGee™ product line provides. We are proud to be a key technology enabler of this exciting platform and service offering.”

Published by Globes [online], Israel business news - www.globes-online.com - on October 27, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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