$100m For New Phone Tech
A start-up backed by iPod veteran Tony Fadell said it will work with Samsung Electronics, Foxconn parent Hon Hai Precision and others on a new way for mobile phones to transfer large amounts of data without using wires or Wi-Fi connections.
The Keyssa start-up has raised more than US$100 million from Fadell and the venture arms of Samsung and Intel.
The company’s “kiss” technology allows two computing devices to be held near each other and transfer large files such as movies in just a few seconds, doing away with the need for cumbersome and bulky cable connectors inside devices like phones and laptops, which are growing ever-lighter and thinner .
Keyssa announced last October, together with Intel, that it had come up with a design that could be embedded in two-in-one laptops which feature detachable touch-screens.