AMSTERDAM, The Netherlands-Royal Philips Electronics and Accton Technology of Taiwan have signed a letter of intent to form a new joint venture company to provide wireless connectivity modules for Wi-Fi, Bluetooth and other applications.
The company targets original equipment manufacturers, Internet service providers as well as the consumer electronics, enterprise, PC and mobile-phone industries.
“Over the next few years, the joint venture’s advanced solutions will be key enablers in the growing broadband market for devices that deliver content-rich always-on, always-connected applications,” said the company in a press release. “To enable users to benefit from rich content the joint venture will develop applications such as streaming music and video, multimedia messaging, and voice over IP in broadband environments: homes, open space (e.g. airports) and public areas (e.g. coffee shops).”
