Reuters reports that Cambridge Silicon Radio, the world's leading manufacturer of Bluetooth chips for short-distance wireless networks, announced that it will have chips on sale below $5 by 2003. Quoting from the Reuters story . . .

“[Cambridge Silicon Radio] is also working on a single chip that will combine the world's two main short-distance wireless networks, Bluetooth and WiFi — also known as 802.11b.”

” 'We'll go past $5, not next year probably, but the year after,' said Simon Finch, in charge of strategic marketing at the closely held Cambridge-based company, which is one of the 25 hottest start-ups in Europe, according to venture capitalist community Tornado-Insider.com.”

“The company currently sells the chips at between $8 and $10 — when ordered in large quantities — which limits usage to expensive electronic products. If the price drops below $5 a chip, the industry expects Bluetooth to be used in most devices.”

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