Trade Resources Industry Views China Becoming a Major Investment Market for Intel

China Becoming a Major Investment Market for Intel

Intel Capital is estimated to invest a total of US$500 million in 2015. Prior to the end of October, Intel Capital had already invested US$168 million in China and with a separate US$1 billion investment in the Tsinghua Unigroup, several funds established specifically for China-based firms, and an US$5.5 billion investment to upgrade its wafer foundry in Dalian. China has already become a key investment market.

Intel Capital unveiled several investments in China in the second half including an US$60 million investment in Hong Kong-based unmanned aerial vehicle (UAV) manufacturer Yuneec and a combined US$67 million investment in eight China-based companies covering industries such as smart device equipment, robots and cloud computing service applications.

In early November, Intel announced investment in China-based Perfant Technology, a company that mainly focuses on developing artificial intelligence, machine vision, 3D modeling and virtual reality technologies. Perfant's 360-degree camera, Eyesir, is capable of being used for travel, aerial and virtual reality applications. Perfant is also planning to launch a new product designed based on Intel's RealSense technology.

As for Taiwan, Microprogram Information has received funding from Intel Capital, showing that China's IT industry has grown rapidly in terms of both innovation and technology and Taiwan's IT industry will continue to face increasing competition from China.

Source: http://www.digitimes.com/news/a20151105PD200.html
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