Sunday, August 14, 2005

Intel Invests in Three Chinese Firms

Intel Capital announced equity investments in three Chinese firms:

  • Chipsbrand Microelectronics (H.K.), a fabless semiconductor design company targeting the mobile storage and multimedia consumer electronics market segments.

  • Onewave Technologies (Shanghai), a broadband entertainment technology solutions provider that enables broadband content delivery to TV set-top boxes and streaming media and video on demand to PCs.

  • Verisilicon Holdings Co. Ltd., an application specific integrated circuit (ASIC) design foundry with operation centers in Shanghai, Taipei, Silicon Valley, and Tokyo.

The investments are part of the new US$200 million Intel Capital China Technology Fund. Intel Capital has invested in China for more than seven years and provided capital to approximately 50 companies in mainland China and Hong Kong.

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