Government-funded researchers in Taiwan have developed a new device which aims to bring the functionality of a PC down to handheld dimensions using WiMax technology. The MTube is pocket-sized but can hold up to 8 Gb of data and uses a 1 Ghz microprocessor which allows it to run software intended for PCs. Despite it’s size, it’s a computer and not a wireless-enabled phone. The MTube won’t run off of 3G networks and is designed primarily for WiMax use although it will be operable on some Wi-Fi networks. The country hopes to be able to set itself apart as a leader in WiMax technology and developments. They’ve been working on the technology extensively since teaming up with Intel a few years back.