Intel plans to invest $100 million to set up smart Equipment Innovation Fund

Source: Internet
Author: User
Keywords Intel Smart Devices Division Innovation Fund
[Summary] Intel CEO division was so announced at the 2014 Intel Information Technology Summit. Intel entered China for 29 years, the total investment reached 4.5 billion U.S. dollars. Intel CEO Division again Liang April 2 News, Intel CEO division in the 2014 Intel Information Technology Summit (IDF2014) announced that Intel will set up a smart equipment innovation center in Shenzhen, and the strategic investment of 100 million U.S. dollars to set up China Smart Equipment Innovation Fund, To develop new market opportunities. It was the first time that he came to China to join the IDF as CEO, and, after all, the area that Intel hopes to expand is precisely the area in which Shenzhen is driving innovation. In the keynote speech, the division was strategically focused on Intel's markets, such as data centers, PCs, tablets and IoT. Intel will regain the tablet market next, and the next growth point is closely linked to the data center, which is an area where Intel can take advantage, the division said. For personal computing devices, the division said Intel will continue to achieve the advantages of differentiated competition and promote innovation in the field. "We've missed the tablet market and are now trying to get back into the market and set 40 million, 4 times times growth targets," he said. Intel has also established two business units that will be dedicated to human wearable and physical "wearable". In response, Intel has made adjustments to its Edison chips in the hope of providing better computing power. Ke Qi also demonstrated a lot of innovative products. At the scene, branch again through the Lenovo CEO Yang's video phone to verify Intel's acquisition of Infineon 1 years after the innovation. Next, the product will evolve from 3G chips to LTE, and a product with that chip will be listed at the end of the year. In addition, Ke-chi also demonstrated the experience of the 3D camera and other changes in traditional experiences through Intel products. At present, Intel has moved from products to research and development to China, with a total of more than 7,500 employees in China, the company said. Intel entered China for 29 years, the total investment reached 4.5 billion U.S. dollars. It is reported that Intel has invested in the domestic investment of 670 million U.S. dollars, of which 30 are listed by investment enterprises or listed companies to acquire.
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