Intel Corporation (NASDAQ: INTC), Sony Corporation (NYSE:SNE), Google Inc (NASDAQ: GOOG) Next Generation TV
By Rocky Biggs on Apr 30, 2010
Intel Corporation (NASDAQ: INTC), Sony Corporation (NYSE:SNE), and Google Inc (NASDAQ: GOOG) will join forces to create the next generation of televisions. Sony TV will provide the television technology, Intel the chips allowing the ability to run software and widgets previously associated with computers, and Google will chip in with the Android operating system adopted for TV’s called Dragonpoint.
Intel Corporation (NASDAQ: INTC), Sony Corporation (NYSE:SNE), Google Inc (NASDAQ: GOOG) Next Generation TV
Sony has been struggling with competition from Samsung and LG. Intel (NASDAQ: INTC) despite holding onto 80% of the computer chip market, is looking to expand into new areas such as smartphones and Televisions. Logitech International will also be one of the companies in the partnership bringing keyboard like remotes. The television will have social network features, apps, streaming music and video, and other internet capabilities.
We will continue checking the INTC (NASDAQ:INTC) share price for changes over the next couple of weeks.
Filed Under: Finance
Intel does these deals like this every couple of years. It is not going to move the price one way or the other. The stock is down almost 2.5% today so this news has no consequence. Now if you start seeing Intel announce similar deals with other LCD OEM/ODMs then that will be a good thing…