Intel is investing in three Chinese companies as part of its $200 million Intel Capital China Technology Fund, the company said Monday. Chipsbrand Microelectronics, a fabless semiconductor design company; Onewave Technologies, a Shanghai-based broadband entertainment technology solutions provider; and VeriSilicon Holdings, an application-specific integrated circuit design foundry, are receiving undisclosed sums from the chipmaking giant.
These are the firstsince it was established in June 2005. The fund is part of Intel Capital, the venture-capital program that has invested in about 50 Chinese companies in the mainland and Hong Kong since 1998. Overall, in more than 1,000 companies in 30 countries. will account for 14.8 percent of global semiconductor sales this year, making the country the world's third-biggest for chip design, according to a recent report by technology consultant iSuppli.