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INTEL INVESTS $ 1.5 BILLION IN TWO CHINESE CHIPMAKERS
Intel reported investing $ 1.5 billion in two Chinese manufacturers of chips for mobile devices. For an American company will receive 20 percent of their shares. This step is caused by the desire to catch up with Intel rival Qualcomm, a leader in the mobile industry.
According to the publication Recode, Intel buys stake in Spreadtrum Communications and RDA Microelectronics by transactions with affiliated with the Chinese government by a private company Tsinghua Unigroup, the owner of the above two chipmakers.
American company to manufacture semiconductor products for the personal computer is trying to gain a foothold in the market of tablets and smartphones. The deal will give Intel a broader base for the development of the Chinese market for mobile chips.
Chinese chipmakers, in turn, will receive from the giant US important information for the design and development of chips, which, according to the Chinese government, is of strategic importance for the country.
One of the national priorities of China has been the development of its semiconductor industry. Strategic cooperation between Tsinghua Unigroup and Intel applies to everything from design and development to marketing and investment. This shows the confidence of Intel in the Chinese market and its high level of interest in the semiconductor industry in China – the chairman of Tsinghua Unigroup Zhao Weiguo, adding that the deal is pending approval by the government.
After the change of Intel in the past year, the company has revised its strategy and increased the number of transactions that will help the implementation of its technology in tablet computers and smartphones. News of the deal with Tsinghua Unigroup appeared a few months after reaching an agreement between Intel and Chinese chip maker Rockchip about the production of low-cost chips for tablets on Intel architecture, and under its brand. New Intel CEO Brian Krzhanich also interested in “smart” clothing. This is evidenced by the recent establishment of a partnership with a number of companies in the fashion industry.
This year, the shares Intel rose 32 percent, thanks in part to stabilize the demand for personal computers.Viewing:-141
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