Intel said it will set aside $200 million venture capital fund to invest in start-ups and small companies that specialize in technology for the home electronics.

Consumer electronics has inevitably integrated into PC community. Dell, Gateway and Hewlett Packard are getting into the market for LCD TVs and music players. Microsoft, Intel, Sony and others, meanwhile, are working on establishing standards for exchanging and playing media files over home networks.

Early successes in consumer electronics include Apple Computer's iPod and Gateway's emergence as a leader in plasma TV sales.

Although Intel hopes to achieve returns on these types of investments, the primary goal of such venture fund is to jump-start markets that will increase the demand for its microprocessors, flash memory and other products, Intel said. 

By: DocMemory
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