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Wednesday, September 12, 2012

IDTI - Wireless Charging for Devices with Intel - Medium Term Hold in at $6 and target $8

Intel, IDT team to develop wireless charging options New Mexico Business Weekly by Hunter Riley, NMBW Intern Date: Wednesday, August 29, 2012, 1:17pm MDT Integrated Device Technology Inc. announced a new partnership with Intel to provide a transmitter and receiver chipset for Intel’s new wireless charging technology, according to a news release from IDT. Integrated Device Technology Inc. announced a new partnership with Intel Corp. to provide a transmitter and receiver chipset for Intel’s new wireless charging technology, according to a news release from IDT. The new wireless charging technology is set for use in Ultrabooks, all-in-one PCs, smartphones and standalone chargers. “Our extensive experience in developing the innovative and highly integrated IDTP9030 transmitter and multi-mode IDTP9020 receiver has given IDT a proven leadership position in the wireless power market,” said Arman Naghavi, vice president and general manager of the Analog and Power Division at IDT (Nasdaq: IDTI). Wireless charging technology already exists with the use of platforms or docks, which use inductive coupling, utilizing coils to amplify the magnetic field that naturally moves a current through a wire. The difference with Intel and IDT’s resonance technology will be that you don’t need to have a platform or base with you to charge your device. Intel (Nasdaq: INTC) technical PR manager Dan Snyder gave an example in his blog of how someone might use the new wireless charging technology (WCT). “Imagine, for example, this wireless charging solution in an Ultrabook of the future,” he wrote. “How would it work? You are low on juice on your phone — you simply start the WCT detection software and place the smartphone close to your Ultrabook (about an inch or so). Coupling takes place between the two devices and energy begins to seamlessly and wirelessly flow from the Ultrabook to the smartphone. Within an hour, you have recharged your smartphone sufficiently to make it through the afternoon. No more wires or chargers.” IDT said it hopes to have samples of the new receiver technology by the end of the year, and a sample of the transmitter technology is expected to debut in the first half of 2013. Intel’s chip manufacturing facility in Rio Rancho employs 3,000. Click here to see the news release from IDT. hriley@bizjournals.com | 505 348 8317 Article Link

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