Intel invests $1.5 billion in Chinese chip designers

Posted by tuxchick on Sep 27, 2014 2:29 AM EDT
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Intel is investing $1.5 billion in China’s Tsinghua Unigroup, whose fabless mobile chip design centers will co-develop IA-based SoCs for mobile phones in 2015. Intel Corp. will invest RMB $9 million, or about $1.5 billion, in Tsinghua Unigroup Ltd., a subsidiary of Tsinghua Holdings Co., Ltd., a group associated with the Tsinghua University in Beijing. […]

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