Friday, September 26, 2014
Intel to invest $1.5 billion in Chinese ARM partner
Intel to invest $1.5 billion in Chinese ARM partner After Rockchip earlier this year, Intel has enlisted yet another Chinese fabless ARM partner to help it crack the Chinese market. This time though, there's money on the table. Big money.Intel has commityed to invest RMB 9 billion ($1.47 billion, £0.9 billion, AU$1.66 billion) for roughly a fifth of the holding company under Tsinghua Unigroup which will own Spreadtrum Communications and RDA Microelectronics. Read more >