(Digital Marketing Agency, thesnsgroup.com) -
Well-established Intel Corp is reportedly preparing a whopping $1.5 billion for
a 20 percent share in two Chinese mobile chipmakers, Spreadtrum Communications
and RDA Microelectronics, in an attempt to genuinely challenge fellow chipmaker
heavyweight Qualcomm Inc. QCOM.O.
The landmark deal would enable Intel to support both
China-based chipmakers in chip design and development, an area deemed to be of
vital strategic importance.
"It has become a national priority
of China to grow its semiconductor industry," said Zhao Weiguo,
the chairman of Tsinghua Unigroup owning the two chipmakers.
"The strategic collaboration between Tsinghua
Unigroup and Intel ranges from design and development to marketing and equity
investments, which demonstrate Intel's confidence in the Chinese market and strong
commitment to Chinese semiconductor industry."
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