Siemens and Intel sign $2billion wireless deal

Siemens and Intel have signed an agreement which features a three-year commitment by Siemens to purchase $2billion of Intel's wireless flash memory devices.

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By  Robin Duff Published  February 13, 2001

Siemens and Intel have signed an agreement which features a three-year commitment by Siemens to purchase more than $2billion of Intel’s high-density, wireless flash memory devices, including it's advanced StrataFlash memory technology.

“This agreement with Siemens reflects Intel’s role as a leading wireless building block supplier to the Internet economy,” said Gilbert Lacroix, general manager of Intel MENA. “We look forward to working with Siemens on using Intel Personal Client Architecture to accelerate the development of Internet-capable wireless clients.”

The two companies have also agreed to develop new wireless devices using Intel wireless components to enable next-generation audio, video, image and voice communications.

“By entering into the supply contract with Intel, we have ensured our ability to respond to the market demand for Internet capable, mobile devices over the next few years,” said Rudi Lamprecht, a Siemens board member. “In the future, there will be a wealth of useful mobile applications, and we intend to address the needs of the users with the development of our terminal equipment.”

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