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  Intel Unveils Handset Chips, Faces Tough Battle
Time: 12:44 EST/17:44 GMT | News Source: Reuters | Posted By: Fred Fernandez

Intel Corp unveiled on Tuesday its latest microprocessors for cellphones, an area it hopes to dominate despite a tough battle ahead with established market leader Texas Instruments Inc Intel, the world's biggest chipmaker, showed two multi-chip packages set to hit the market early next year that save space by stacking a processor together with flash memory chips, used heavily in cellphones because they retain their data after the power is turned off.

Intel is the world's largest maker of flash memory, with a quarter of the global market last year according to market researcher Gartner Dataquest, but it is still a minor player in cellphone microprocessors.

The microchip giant aims to change that.

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