Intel to buy stake in two Chinese firms
New York (AFP) Sept 26, 2014 - US semi-conductor maker Intel said Friday it will invest $1.5 billion in two Chinese cell phone part companies. The California firm said it would acquire a 20 percent stake in a holding company that owns Spreadtrum Communications and RDA Microelectronics, according to an Intel statement. The transaction should be finalized early next year. The two Chinese companies specialize in part ... more
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