In the news: Intel signs deal with Chinese chipmakers, the NDRC suspends corporate bonds and the SH-HK stock connect quota worries investors

This week Intel secured its place in the domestic semiconductor industry, the NDRC suspended approvals for new corporate bond issuances and brokers expressed concerns over the Shanghai-Hong Kong stock connect's investor quota

5 minute readOctober 16, 2014 at 05:52 PM

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Intel inks contract with Chinese chipmakers

Intel has invested US$1.5 billion for a 20% stake in two fast growing Chinese mobile chipmakers, Spreadtrum Communications and RDA Microelectronics, which were acquired by Tsinghua Unigroup (a government-affiliated private equity group owned by Tsinghua University) last year for US$1.7 billion and US$900 million respectively.

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