Airgo Networks has announced that the latest revision of its MIMO WiFi chip has sustained speeds of 120Mbps, which is beyond the 100Mbps of a typical wired Ethernet connection. The chips can theoretically transfer data at a maximum of 240Mbps between identical devices. Airgo's MIMO technology is a key component of the upcoming 802.11n specification. However, as a recent report from ABI Research indicates, the top four wireless chip providers may be out to sabotage Airgo's progress, which has made an end run around the IEEE standards groups. It is unlikely that the standard will be ratified before 2007, and changes mandated by the IEEE may force Airgo to alter its design.