Intel to Develop New Chip With Taiwan Research Institute

Intel has joined forces with a top Taiwan research institute to develop a new generation of memory chips for use in lighter, energy-saving smartphones and tablets, officials said Wednesday.

"Intel Labs will collaborate with the Industrial Technology Research Institute (ITRI) on research programs expected to shape the future of information technology," Intel said in a news release.

The $15 million project will focus on "super-fast but extremely energy-efficient memory technologies" for lightweight laptops, tablets and smartphones, the company said.

Intel, ITRI and Taiwan's Economic Ministry each will spend $5 million on the five-year project.

Copyright Agence France-Presse, 2011