Parthus Technologies have recently announced a breakthrough in their chip design intending to combine the capabilities of a personal computer, third generation mobile phone and geographical positioning system thus thrusting this to the forefront of the mobile communications revolution. They have called it the Infostream.
The company based in Ireland have teamed up with UK handheld computer manufacturer Psion who have also agreed to license it for a new range of products they wish to release. US mobile phone manufacturer Motorola also intend to use it in their new generation of Smartphones.
By creating a mobile internet on a chip, will bring this technology closer to the next generation of smartphones that will be able to harness the power of the internet, the PC and the mobile phone through one handheld device.
This breakthrough resulted in a rise of more than 8% in Parthus Technology shares to 22.50p in early trading to stand at 291.50p, while Psion was nearly 3% ahead, up 16p at 560p.