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US chip manufacturer Intel (Nasdaq: INTC) is evaluating the wireless and device markets, planning to introduce digital signage and machine-to-machine solutions, RCR Wireless News reported.
"We are working with some players to validate our chips for tablets and smartphones," Carlos Kokron, Intel's Latin America carrier business director, was quoted as saying.
"Today smartphones sales are greater than PCs. We are interested in becoming part of this market that grows at a rate of 30-40% a year," he added.
According to the executive, Intel plans to launch smartphone chips during the first half of 2012.
Smartphones could represent 40-45% of total handset volume sales in Latin America in 2015 compared to 12% in 2010, according to Pyramid Research.
Regarding internet connectivity, "Intel continues to believe in WiMax," Kokron said. "There are many successful initiatives around the world; however, at the same time, LTE is growing a lot."
An example of that is Brazil, where there have been difficulties auctioning WiMax frequency bands, and an LTE bid may happen first, according to the executive.