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Intel invests $1.5 billion in Chinese chip firm Intel invests $1.5 billion in Chinese chip firm
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Intel invests $1.5 billion in Chinese chip firm
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Old 29th September 2014, 10:59   #1
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Default Intel invests $1.5 billion in Chinese chip firm

Chip behemoth Intel said it will plunge $1.5 billion into a Chinese company called Tsinghua Unigroup.

The firm is wholly state owned but funded by Tsinghua University.

The chip giant said it and Tsinghua have signed a series of agrements with the aim of expanding products for Intel mobile device in China and worldwide.
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