In the news: Qualcomm invests $280 million in China JV, Haier buys GE's appliance unit and local power plant approvals cause trouble

This week Qualcomm inked a deal to develop server chips in Guizhou province, Haier proposed a $5.4 billion takeover of GE's appliance business and China's plan to give local governments the authority to approve projects backfired

4 minute readJanuary 20, 2016 at 01:35 AM

Katherine Jo

Qualcomm spends $280 million in China chip-making JV

Qualcomm has signed a joint venture in China with the local Guizhou government. The San Diego-based chipmaker will take a 45% stake in the new company, which will develop advanced

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