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Intel gains a new ally in China's chip wars: Beijing

2014-10-14 01:38:17| Semiconductors - Topix.net

Intel's investment of up to $1.5 billion in two fast-growing Chinese mobile chipmakers has effectively aligned the U.S. giant with a third party - a Beijing government intent on producing a viable domestic challenger to the likes of Qualcomm and Samsung. For more than a decade, China has targeted semiconductor design and manufacture as a major focus of its industrial policy.

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