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Semiconductors

May 19, 2008

Intel invests US$16 million in Malaysian company to boost WiMAX rollout

“Packet One's intention to deploy a commercial WiMAX network represents a significant acceleration of WiMAX momentum in Asia Pacific”

U.S. chipmaker Intel Corp. said Monday its venture capital arm has invested 50 million ringgit in Malaysia's Green Packet Berhad to help develop the country's first nationwide high-speed WiMAX network. via The Age

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