Qualcomm will invest up to 150 million U.S. dollars in strategic investment funds in China

Netease Technology News July 24, Qualcomm today announced that it will invest up to 150 million US dollars in China's strategic investment funds to help Chinese start-ups in all stages, to promote the mobile Internet technology, electronics, semiconductors, education and health The development of the field.

Qualcomm said mobile education startups Cambridge WoWo and mobile health company Mint Technology have recently received corporate investment. At present, Qualcomm's key investments in China include Xiaomi, Zhongke ChuangDa, YiMu Advertising Media, TouchPal Technology, YiWuXiao, dolphin browser, AiLiQi and Shenzhou Ying, as well as the semiconductor equipment company AMEC Semiconductor Equipment Co., Ltd.).

Qualcomm CEO Steve Morinkeff said: "Since more than a decade ago, when we launched our technologies and products in China, Qualcomm has been providing R & D, licensing our advanced technologies and providing Chinese companies with state-of-the-art chip products for China The wireless industry to contribute to the development of our strategic cooperation with the Chinese wireless industry and the technology provided to support China's dynamic wireless ecosystem to provide direct and indirect employment promotion and promote economic growth throughout the industry through With these strategic partnerships and increased risk investments, Qualcomm continues to fully support the continued growth of China's booming mobile ecosystem as well as the evolution of 4G LTE networks, terminals and applications and to address industry evolution and the challenges it faces, including the forthcoming Thousand times more mobile data challenge. "

Qualcomm Venture Capital was formally established in 2000 and currently has more than 100 active investees and 20 investment managers worldwide. (Easy to Branch)