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IBM announces 630 Mbit/second millimeter wave chipset

Do we really need yet another potential standard for high-speed wireless? IBM seems to think so, and has announced that it has fabricated a working prototype chipset based on 60 GHz millimeter wave technology. According to the company, the chipset is capable of transmitting data at 630 Mbit/second over distances of 10 meters, which may make it a serious challenger for ultra wideband, which is typically rated at 480 Mbits/second. While this may sound great, it'll inevitably lead to yet another round of squabbling among standards-setting bodies, and still more delays until any of this actually gets into the hands of speed-hungry consumers.