Replies to post #15473 on Intel Corp (INTC)

[burn2learn]

Onkyo to develop Net-capable audiovisual products with Intel fund

http://tinyurl.com/7xrw3
OSAKA, Jan 24, 2005 (Kyodo via COMTEX) -- Audio equipment maker Onkyo Corp. said Monday it will obtain some 760 million yen from major U.S. semiconductor maker Intel Corp. to develop audiovisual products capable of accessing the Internet.

this bothers me. If there was a market for these devices the equipment makers would be rushing to develop trying to secure profits. Intel had to push a manfacturer to pursue. Intel must think it has a vision for a product that no one else can see and is willing to invest to get a product to market. not really customer / demand driven.