4 Reasons for Intel's $1.5 Billion Bet in China
Chip firm to piggyback on China's IC dream
Junko Yoshida, EETimes
9/26/2014 01:20 PM EDT
China's national quest to expand its domestic semiconductor industry suddenly looks more realistic and even winnable now that Intel Corp., the world's largest semiconductor company, has revealed a plan to invest up to RMB 9 billion ($1.5 billion) -- to get a roughly 20% stake in the semiconductor business under Tsinghua UniGroup. The Chinese government-affiliated private equity company controls the Chinese chip designers Spreadtrum Communications and RDA Microelectronics.
China is buying its way into the global semiconductor market. Getting Intel on its side early on in its quest for a global presence will only accelerate the process -- much faster than China doing everything from scratch and competing head on with advanced semiconductor firms.
Related Semiconductor IP
- RISC-V CPU IP
- AES GCM IP Core
- High Speed Ethernet Quad 10G to 100G PCS
- High Speed Ethernet Gen-2 Quad 100G PCS IP
- High Speed Ethernet 4/2/1-Lane 100G PCS
Related News
- China IC Production Forecast to Show a Strong 15% 2018-2023 CAGR
- Apple to Buy Intel's Modem Business for $1 Billion
- Synopsys Approves Stock Repurchase Program with Authorization Up to $1.5 Billion
- Electronic System Design Industry Logs $4 Billion in Revenue in Q1 2023, ESD Alliance Reports
Latest News
- HPC customer engages Sondrel for high end chip design
- PCI-SIG’s Al Yanes on PCIe 7.0, HPC, and the Future of Interconnects
- Ubitium Debuts First Universal RISC-V Processor to Enable AI at No Additional Cost, as It Raises $3.7M
- Cadence Unveils Arm-Based System Chiplet
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers