Qualcomm Samsung Investment wearable equipment chip company Ineda

Beijing time April 9 Morning news, designed for smart watches and other wearable devices to design Low-power chip start-up company Ineda BAE Tuesday announced that the company received a total of 17 million U.S. dollars in the B-round financing, investors include semiconductor industry giants Qualcomm and Samsung Electronics. Ineda has offices in Hyderabad, SAINTE-TACLAC, Calif., with 180 employees who will use the money to develop ultra-low-power chips that can be used for 1 months without recharging. The various smart watches released over the past year have been widely criticized for their lack of power: like smartphones, such products are usually charged daily. In today's market, we are using smart phone technology to develop smart watches. This can only produce excellent products, but no breakthrough products. Ineda Chairman Sanjay (Sanjay Jha) said. Sanjay has served as CEO of Motorola Mobility (18.27,0.12,0.66%) and Qualcomm COO. He was appointed as GlobalFoundries CEO of Chip Foundry Company in January this year, and is widely respected in the chip industry. Ineda is providing customers with samples of wearable processor units and is planning to ship shipments in the second half of the year. Qualcomm is now the leader in the mobile chip industry, which has been developing its own wearable equipment parts and even launched its own Toq smart watch. Qualcomm is also supporting Google's recently released Android Wear smart watch platform, but the chip used was the 骁丽 long processor originally designed for smartphones, 554.9,16.75,3.11%. A Qualcomm spokesman said: Our investment in Ineda has proved once again that we will cooperate and expand in a wearable ecosystem. (PEI)