Intel, LG huddle to make cell-phone Internet rules

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Intel, LG huddle to make cell-phone Internet rules

Senior executives of the electronics giant LG Electronics and the global semiconductor chip developer Intel are engaged in talks to create a standard for mobile Internet technology. LG Electronics’ vice chairman Kim Ssang-su is meeting with Intel’s chief executive officer Craig Barrett today at the Chosun Hotel in Seoul. The two corporate heads are expected to discuss ways of collaboration on WiBro, the Korean standard for mobile Internet, and WiMax, a technology developed by Intel. Intel has been trying for some time to sell WiMax to the Korean market, while LG Electronics needs a global partner to catch up with Samsung Electronics in the next-generation mobile communications market. “If LG Electronics starts making mobile phone equipment based on Intel technology, then Intel’s WiMax may be included in Korea’s WiBro standard. From LG’s point of view, that has the advantage of acquiring those technologies at an early stage and give it precedence in the market,” an analyst said. Mobile Internet is a term for high-speed wireless Internet connections via cell phones. The service may be in use in late 2005, optimistic forecasts say. “We want to avoid making overlapping investments and cut down on trial and error, which will enable us to come up with cheaper services for our customers,” an LG official said yesterday. LG Electronics predicts that 9 million Koreans will be using mobile Internet by 2010 and that the demand for handsets that support this function will grow to a 900 billion won ($8.17 million) market by 2008. by Wohn Dong-hee
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