Intel and Japanese communications equipment maker Oki Electric Industry will announce today a joint project to build VoIP (voice over Internet Protocol) hardware, according to an OKI spokesman.
The two companies will collaborate in the development of VoIP hardware based on Intel's strength in microprocessors and Oki's experience in telecommunications technology, the Oki spokesman said. He would not reveal the details of the hardware or the deal between the two companies, saying that the specifics of the tie-up will be explained today.
VoIP communications equipment enables networks running the Internet Protocol to carry voice as packets of data, potentially reducing the cost of voice communications.
Intel and Oki are banking on the possibility that VoIP could as much as halve the cost of international telephone calls originating from Japan while retaining the same high quality as existing telephony, according to an article in yesterday's edition of the Nikkei Shimbun, the leading Japanese business daily.
Oki together with Intel's Japanese affiliate will also jointly market the devices in Japan, according to the Oki spokesman.