Intel to invest $1.5bn in Chinese government-owned semiconductor firm

Danny Palmer
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Deal sees Intel take 20 per cent stake in Tsinghua Unigroup Ltd as firm looks to increase share in Chinese market

Intel is set to invest $1.5bn in Chinese government-owned corporation Tsinghua Unigroup Ltd in an effort to accelerate adoption of Intel-based mobile devices in China. The deal - which is signif...

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