UPDATE 1-Fujitsu says in talks with Taiwan on WiMAX chips

(Adds Fujitsu comment, details)

TOKYO, Nov 30 (Reuters) - Fujitsu Ltd 6702.T said on Friday it was in talks with the Taiwan government about cooperating in the development of WiMAX chips, used in high-speed wireless networks.

“We are in talks about various possibilities, including a joint venture, but there is nothing we can announce at this time,” a Fujitsu spokesman said.

The Nikkei business daily reported that Fujitsu and Taipei would set up a joint chip development venture, capitalised at several billion yen in Taiwan, and that an announcement could come as early as Monday.

The modules would likely be built in Fujitsu’s Mie Plant in Japan and supplied to Taiwan’s IT firms, it said without citing sources.

WiMAX, or Worldwide Interoperability for Microwave Access, provides wireless data over long distances, allowing faster Internet downloads while on the move. (Reporting by Mayumi Negishi; Editing by Rodney Joyce)