Intel Fund Opens CES News1/07/2004 3:26 AM Eastern
Intel Corp. said it is investing $200 million in the Digital Home Fund, a venture-capital vehicle designed to spur investments and innovation in home-based consumer-electronics equipment.
The announcement came on the opening day of the Consumer Electronics Show in Las Vegas, leading a parade of news from RealNetworks Inc., Broadcom Corp. and Gemstar-TV Guide International Inc.
RNI debuted "RealPlayer 10," an updated media player that also will include its new 99-cent music-download service. The company said the new player is 30% more efficient than "RealPlayer 9." RNI's "Music Store" will house more than 300,000 songs, priced at 99 cents each.
Broadcom said it is developing a dual-channel HD video/audio/graphics and personal-video-recorder single chip set for cable and direct-broadcast satellite providers. The dual-channel feature would allow a consumer to watch two different HD programs on two different HDTV sets via one set-top box, with PVR capability included.
Broadcom also said its cable and DBS chip sets have been certified to support XTV personal-TV technology and NDS Group plc’s "Core" middleware.
Gemstar-TV Guide signed a multiyear deal with LG Electronics to license TV Guide On Screen to the Korean manufacturer's TV sets, digital-video recorders and DVD recorders. The first LG product integrating TV Guide will be its 60-inch rear-screen projection LCD HDVT DVR receiver.