Business, Investments

Intel to Invest in Chinese Mobile Chipmakers

intelSanta Clara, California based tech company, Intel will soon be investing an undisclosed amount in Chinese-government affiliated mobile chipmaker, Spreadtrum Communications and RDA Microelectronics, both owned by Tsinghua Unigroup.

As per a Reuters report, the acquisition could be made through Tsinghua Unigroup, a government-affiliated private equity firm controlled by Tsinghua University in Beijing. Intel is expected to get 20 percent of Tsinghua Unigroup for USD 1.5 billion.

Intel had dominated the desktop, notebook, and server processor markets for long, but it was slow to position itself for the shift from the PC to the post-PC era, thus was overtaken by companies like Qualcomm and Nvidia. Intel lags behind these players in smartphones and tablets market, but now with this initiative, Intel want to catch up in smartphone chip industry.

Also Read: Intel Partners with Watchmaker Fossil to Collaborate on Wearable Technology

Intel, under Chief Executive Brian Krzanich, had reached an agreement with Chinese mobile-internet  ’System on a Chip’ (SoC) solution provider, Rockchip to make inexpensive tablet chips with Intel’s architecture and branding.

This year, the company’s stock has risen 32 percent, in part because of stabilization of demand for personal computers.

In April this year, Intel Corp. has entered into a strategic collaboration with CA based enterprise data management firm, Cloudera to enhance both Intel data center and Internet of Things (IoT) technology initiatives.

Other significant investments of Intel included acquisition of Spanish startup Indisys to make its move in artificial intelligence and wireless assets of Mindspeed Technologies.

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One comment

  1. 1

    India / China Governments ?

    Dear Indian and Chinese Executives :

    What was the most important achievement of Indian PM ,
    Shri Narendra Modi’s recent visit to China

    Deals worth $ 22 Billion ? Wrong !

    Times of India ( 16 May 2015 ) described this achievement
    as follows :

    ” As a
    result of the agreements , for the first time , state and municipal leaders in
    India will be able to strike deals with their counterparts in China , without
    having to go through the Central governments of the two countries .

    Besides, Indian States and Cities are pairing
    themselves to learn from each other and develop business partnerships under the
    Sister Cities and Sister Province programme

    This will enable , partnerships between ,

    * 9873 Companies in Hyderabad
    with Companies in Quingdao

    * 18,498 Companies in Chennai
    with companies in Chongquing

    * 808 Companies in Aurangabad with
    companies in Dunhuang

    * 30,000
    Companies in Karnataka with companies in Sichuan

    Q :

    How can Indian Companies send across their ” Let
    us work together ” messages to Chinese Companies ?

    A :

    Send their ” We are interested ” messages to 45
    Chinese Chambers of Commerce ( in 21 Chinese cities ) , from :

    Message – Chambers (
    B2BmessageBlaster )

    These Chinese Chambers of Commerce will be too happy to
    forward these messages to their Member – Firms

    Q :

    How can Chinese Companies send their Interest Messages
    to Indian Companies ?

    A :

    Send their Message through :

    Message, Corporate – City wise

    With just ONE
    CLICK of the mouse to send their Messages to ALL the companies , in any Indian
    City !

    is helping to bring about PM Shri Narendra
    Modi’s dream of ,

    ” Minimum Government , Maximum Governance ”

    Call this , ”
    Winds of
    Change ”

    with regards ,

    hemen parekh

    Mumbai , India


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