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===Ultrabook fund (2011)=== In 2011, Intel Capital announced a new fund to support startups working on technologies in line with the company's concept for next-generation notebooks.<ref name="ultrabook">{{Cite web |last=Merritt |first=Rick |date=2011-08-11 |title=Intel Capital launches $300M ultrabook fund |url=https://www.eetimes.com/Intel-Capital-launches--300M-ultrabook-fund/ |archive-url=https://web.archive.org/web/20110930202658/http://eetimes.com/electronics-news/4218699/Intel-Capital-launches--300M-ultrabook-fund |archive-date=September 30, 2011 |access-date=2025-05-20 |website=EE Times}}</ref> The company is setting aside a $300 million fund to be spent over the next three to four years in areas related to ultrabooks.<ref name="ultrabook" /> Intel announced the ultrabook concept at Computex in 2011. The ultrabook is defined as a thin (less than 0.8 inches [~2 cm] thick<ref name="jeffrey" />) notebook that utilizes Intel processors<ref name="jeffrey" /> and also incorporates tablet features such as a touch screen and long battery life.<ref name="ultrabook" /><ref name="jeffrey" /> At the Intel Developers Forum in 2011, four Taiwan ODMs showed prototype ultrabooks that used Intel's Ivy Bridge chips.<ref>Rick Merritt, ''[[EE Times]]''. [http://eetimes.com/electronics-news/4227333/Intel-shows-progress-on-ultrabook-vision "Intel shows progress on ultrabook vision"] {{Webarchive|url=https://web.archive.org/web/20110923092745/http://www.eetimes.com/electronics-news/4227333/Intel-shows-progress-on-ultrabook-vision |date=September 23, 2011 }}. September 14, 2011. Retrieved September 14, 2011.</ref> Intel plans to improve power consumption of its chips for ultrabooks, like new Ivy Bridge processors in 2013, which will only have 10W default thermal design power.<ref>{{cite web |last=Shilov |first=Anton |date=2012-05-12 |title=Intel Readies "Ivy Bridge" Processors with 7W β 13W Power Consumption. |url=http://www.xbitlabs.com/news/cpu/display/20121205221523_Intel_Readies_Ivy_Bridge_Processors_with_10W_and_13W_Thermal_Design_Power.html |url-status=dead |archive-url=https://web.archive.org/web/20130214120949/http://www.xbitlabs.com/news/cpu/display/20121205221523_Intel_Readies_Ivy_Bridge_Processors_with_10W_and_13W_Thermal_Design_Power.html |archive-date=February 14, 2013 |access-date=February 19, 2013 |publisher=X-bit labs}}</ref> Intel's goal for Ultrabook's price is below $1000;<ref name="jeffrey">{{Cite web |last=Burt |first=Jeff |date=2011-09-20 |title=Intel Ultrabook Partners Look for Cut in Chip Prices: Report |url=https://www.eweek.com/mobile/intel-ultrabook-partners-look-for-cut-in-chip-prices-report/ |access-date=2025-05-20 |website=eWEEK |language=en-US}}</ref> however, according to two presidents from Acer and Compaq, this goal will not be achieved if Intel does not lower the price of its chips.<ref>{{Cite web |date=2011-09-20 |title=Intel downstream partners request CPU price drop |url=https://www.digitimes.com/news/a20110919PD214.html |archive-url=https://web.archive.org/web/20190529180751/http://www.digitimes.com/news/a20110919PD214.html |archive-date=May 29, 2019 |access-date=2025-05-20 |website=DIGITIMES |language=en}}</ref>
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