Intel enters smart phone market

Intel Corp on Tuesday announced plans to team up with Motorola Mobility Inc and Lenovo to make the first smart phones running on Intel chips.

Lenovo will use a 1.6GHz Atom z2640 chip on a phone to debut in China in the second quarter, Intel chief executive Paul Otellini said at the Consumer Electronics Show in Las Vegas.

Motorola has also entered into a multi-year, multi-product agreement with Intel, Otellini said.

"The best of Intel computing is coming to smartphones," the Intel chief said. "Our efforts with Lenovo and Motorola Mobility will help to establish Intel processors in smartphones and provide a solid foundation from which to build in 2012 and into the future."

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