Intel has established a $200 million VC fund to invest in Chinese technology companies…it plans to focus on are cellular communications, broadband applications for consumers, and chip design.
Already, almost 50 Chinese companies have received investments from Intel — with 11 going public or being acquired. Intel has held investments in telecom software supplied AsiaInfo Holdings and Internet portal Sohu.com.
Some more details in release…
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post