Intel just announced that it will release an LTE wireless data model later this August. The move is part of the company's ongoing bid to take out Qualcomm as the leader in data networking and mobile chip market.

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Intel's vice president and general manager of wireless platforms and research and development, Aicha Evans, announced in a press briefing that the company will be releasing their chip set for multimode 4G LTE. The newest Intel chip will start shipping later this August.

The 4G LTE market is growing by the day as more smartphone and tablet manufacturers are including the feature in their products. In fact, sources say, it is a billion dollar industry with the number of shipments achieving possible close to a billion too. Ms Evans noted that she has full confidence in their venture in the LTE data networking sector.

Evans also believes that Intel can be one of the first companies to provide this internet experience to a larger extent. The company is looking into distributing the chips worldwide depending on the carrier. Intel will be tapping into different mobile phone manufacturers to solidify their reach.

Intel has been investing on their wireless endeavor for quite some already. Since it acquired Infineon, the chip giant's wireless division, the company has been exploring opportunities and capacities of wireless processes and devices. However, the company has lagged considerably behind Qualcomm.

"This is the first time that anyone in the industry is rooting for us to succeed, because of [the need for] plurality," Evans said.

For some countries, access to LTE networks will require access or coordination with other types of multi-mode GSM networks. Evans added that she wants to give access to African fishermen. Access to network data through cell phones to fishermen is a primary goal and Evans wants to accomplish that before firms can boast about their LTE charges as affordable or incredibly low.

Benefits of excellent LTE access include better music streaming, streaming of high-definition video and improved access to high-speed wireless data.

Intel will have to work on accessibility.

"We think the lack of competition is a big deal," she said. "The barrier to entry in this space is high. Chip set diversity and plurality are key."