Intel Capital Invests $28M In Five Smart Device Firms In China

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Intel Capital, Intel’s global investment arm, says that its Intel Capital China Smart Device Innovation Fund has released its first investments totaling approximately US$28 million in several Chinese companies, according to a company announcement.

The investments demonstrate Intel’s commitment to fostering Chinese technology innovation and accelerating China Technology Ecosystem (CTE) development in smartphones, tablets, wearable devices and the Internet of Things (IoT) market.

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