New competition for wireless modules in laptops
I was listening to the Wall Street Journal's 9/29 This Morning podcast which had an item talking about favorable economic reports, specifically the 5.5 point gain in the NASDAQ Futures, however this past Thursday, both Sierra Wireless and Novatel Wireless had "slipped" on the news that Intel and Nokia will be providing wireless internet modules pre-installed on laptops.
MarketWatch adds details to this story: "Sierra Wireless stocks sink on Nokia-Intel collaboration."
Nokia said early Thursday that it has developed an HSDPA (high speed downlink packet access) module that Intel will deliver to notebook-computer makers as part of its next-generation Centrino Duo platform. Embedded modules are mini-modems that reside inside laptop computers and other wireless devices. Sierra supplies HSDPA modules to some of the world's biggest laptop makers, including Hewlett-Packard Co. (HPQ) and Lenovo Group Ltd. (0992.HK).
Sierra Wireless has also signed an agreement with Intel to provide "WWAN modules [that] will be incorporated into Intel's UMPC (ultra-mobile personal computer) platform architecture."