TECHNOLOGY - March 23, 1996

Intel to Stop Making Cable Modems: The Santa Clara, Calif.-based technology company, which makes a limited number of the modems for trials in Castro Valley, Calif., said it will leave the manufacturing to others. It said it will instead focus on developing technologies that it will license to other cable modem makers. “We aren’t turning it into a product, but we’ll continue to work with the technology,” Intel Corp. spokesman Howard High said. The company said it will spend more money on the development of cable modem standards and technologies this year than it did last year. It didn’t specify how much, other than to say it will be “tens of millions of dollars.” A cable modem gives computers a faster connection to the Internet.