CMOTECH raises $8 million from Intel Capital

Mobile | 2008/01/29 23:28 | Web 2.0 Asia
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Cmotech, a Korea-based manufacturer of USB wireless modems and other network equipment, announced (note: link in Korean) they raised US$ 8 million from Intel Capital. As well as the investement, Cmotech also announced a partnership agreement with Intel on 3G/Wimax data communication device. Cmotech is the world's leading manufacturer of USB-based wireless modems (some shown below), and posted FY '07 profit of roughly US$ 24 million on a revenue of about US$100 million.

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TAG Cmotech, Intel,
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