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Intel Invests $1.5 Billion for Stake in Chinese Chip Makers
Intel Corp. INTC -1.76% said Friday that it would invest 9 billion yuan ($1.5 billion) for a minority stake in two Chinese mobile chip makers, highlighting the Silicon Valley giant’s efforts to gain traction in the tablet and smartphone market. Intel said it would buy about 20% of China’s Tsinghua Unigroup Ltd., which owns Spreadtrum …
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