Qualcomm offers 150 million dollar Strategic investment fund to Chinese start-ups

Absrtact: Qualcomm announced a 150 million dollar Strategic investment fund for Chinese start-ups at the Qualcomm China Strategic Investment news conference today. These funds are mainly focused on the internet, electricity, semiconductors, education and health

Qualcomm announced a 150 million-dollar strategic investment Fund for Chinese start-ups at the "Qualcomm China Strategic Investment news conference" today. These funds are mainly focused on start-ups in the Internet, electricity, semiconductors, education and health sectors.

Before the meeting, Qualcomm has announced the investment in Children's English Education Service "Cambridge WOWO" and set weight loss tools, services, forums and one mint net. Qualcomm has been in China for more than 10 years of investment experience, has participated in a number of well-known Internet projects, including the invitation to participate in the meeting of Millet, touch treasure, the Sino-division and billion moving advertising media. In addition, mobile game developer Enorbus (after being acquired by Disney), mobile roaming solution provider Aicent (after being acquired by TA Associates), Dolphin Browser and NetQin. At the same time, they intend to strengthen investment in the semiconductor industry in China, such as micro-AMEC, a semiconductor equipment manufacturer they have been involved in investing in.

Recently, Qualcomm has moved upstream in the AllSeen Alliance, wireless charging (Qualcomm Halo) and screen display technology (MEMS, Mirasol). This investment intention to release more is biased in favor of terminal application, in the start-up company to bring Qualcomm strong ecological and resource support, but also for the next possible hot areas and star companies set the layout.