Intel Capital, the venture arm of chipmaker Intel Corp , has invested in two Chinese startups in the semiconductor sector, the company announced on Wednesday, as part of its latest batch of deals.
ProPlus Chairman and CEO Zhihong Liu once worked as a VP at Cadence Technologies while its director, Chenming Hu, once served as the CTO of Taiwan Semiconductor Manufacturing Co Ltd .
China’s government has committed billions of dollars to help fund the domestic semiconductor industry, which it views as critical to catching up with the United States and other governments.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Semiconductor companies consider new plants in the U.S.A spokesman for Intel, the biggest American chip maker, says the company is in discussions with the Defense Department about improving domestic technology sources.
Read more »
Tim Hortons China says Tencent has invested, did not disclose amountTim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market.
Read more »
Pipeline Companies Slash Investments By Half Amid Oil CollapseThe midstream companies are generally more insulated from commodity price volatility, but they are nevertheless making deep cuts to capital expenditures.
Read more »
Wealth, investment-techs VC funding deals fell in Q1, says CB Insights - Business InsiderVenture capital investors funded 27 wealth management-tech startups in the first quarter, the lowest level since late 2015, according to CB Insights.
Read more »
Twitter to add labels on questionable virus info: ‘Get the facts about COVID-19’Twitter says it will begin adding labels to some tweets that include misinformation, beginning with tweets about the coronavirus pandemic but eventually on other topics, too, after conspiracy theories have continued to spread on social media.
Read more »
Financial Technology Startup Cadre Lays Off 25% Of Its EmployeesCadre joins a growing list of high-profile technology companies like Airbnb and Uber that have laid off a large number of employees amid the pandemic
Read more »