$200 million is nothing to sneeze at Intel has decided this is the correct amount of money to invest in the Chinese market via their Intel Capital China Technology Fund. The fund will be used to invest in companies that complement Intel's technology initiatives and to further build out the
Internet infrastructure in
Intel Capital, which has investment managers based in Hong Kong,
I recently met with the folks from UTSTarcom and they are one of the few companies that have developed a WiFi telephony phone for the consumer market. It is a really sleek design and I believe it will do very well.
For more please see: Intel Establishes $200 Million China Venture Fund; Intel Capital China Technology Fund to Accelerate IT Innovation, Growth of Internet Economy in China.
Intel Invests in China
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