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Oct22
Sriram Viswanathan of Intel Predicts Mobile Media Will Have Internet Scale Impact
Yesterday, I attended the Silicon Valley-China Wireless Conference.  The keynote speaker today was Sriram Viswanathan, Managing Director of Intel Capital (yes, a subsidiary of Intel Corporation - Nasdaq: INTC), who has invested heavily in wireless.

His primary theme was that wimax technology will provide the wireless bandwidth to drive mobile computing.  Focusing on YouTube as an indication of demand for video on our computers, he suggests that full multi-media capabilities on mobile devices (phones, blackberries--not just laptops) will be the next big wave.  He asserts that this will have the same impact on the economy as the Internet.  He could be wrong on that and this wave would still be huge!

sriram_viswanathan.jpgSriram concluded with three imperatives:
  • innovation in platforms, batteries, displays, power/thermal and graphics.
  • 4G networks, roaming, settlement
  • service, digital audio, DVBH, etc.
Intel has invested $4 billion in over 1,000 companies, with 160 that went public and 175 were acquired.  They funded toys.com and pets.com but passed on Yahoo!  In 2006, Intel invested in 86 companies worldwide with a total of about $250 million.  Much of this innvestment has been in international funds that Intel has recently established.

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