Amid a slowing core market for PCs, "Intel is desperate to find new ways to expand its wireless market opportunities [and] there are rumors that it’s looking for more acquisitions, too,” Strauss said, citing a Wall Street analyst who recently speculated that Broadcom is Intel’s next target.
Mindspeed's picocell products are unique in supporting China's TD-SCDMA standard, Strauss said. "The China market is the fastest growing and the biggest market for cellular anything right now."
Asked about the potential impact of Intel’s entry in the infrastructure communications business, Strauss reiterated that Mindspeed’s immediate competitors in picocell and femtocell chips will be the first to feel Intel’s presence in that space. But macro basestations are a larger market than picocells today.
“In that chip market they would be going up against TI and Freescale and even Hi-Silicon in China, which has their own ARM chip.”
In spite of the significant competition, Intel has made its mark and continues to reveal its intentions in this market, he said. “Intel continues to bulk up in wireless. They are really serious this time. They tried this years ago, and they had gotten out of it, but now they’re on an upward path,” said Strauss.