Intel Capital to Invest in 4 More China Firms
Intel Capital, Intel's strategic investment program, announced on June 26 that the USD 200 million China Technology Fund it established last year would make four more investments in the country
(SinoCast China Business Daily News Via Thomson Dialog NewsEdge) SHANGHAI, June 28, SinoCast -- Intel Capital, Intel's strategic investment program, announced on June 26 that the USD 200 million China Technology Fund it established last year would make four more investments in the country, bringing the number of companies the fund invested in here to 12 since inception.
Intel Capital, one of the largest worldwide corporate venture programs investing in the technology segment, mainly invested in the fields of mobile telecom, broadband, software application and semiconductor design in China.
Intel Capital has invested in more than 50 companies in the country since it conducted businesses here in 1998, including UTStarcom and Sohu.
Last year, Intel Capital set up a series of funds focusing on emerging markets. It has set up investment funds in India, Middle East, Turkey and Brazil.