East Africa: Qualcomm Sets Up Joint Venture in China for Server Chips

18 January 2016

Qualcomm is setting up a server chipset design and sales unit with a provincial government in China, a move that could help boost the company's bid to diversify from mobile chips into the server chips market.The chip maker will own 45 percent in the joint venture, Guizhou Huaxintong Semi-Conductor Technology, that will be 55 percent owned by the Guizhou provincial government's investment arm. The initial registered capital of the joint venture will be about US$280 million.

Qualcomm revealed plans in October last year to enter the server CPU market that Intel dominates, with a customer processor chip built using the ARM architecture. It said in November that it would co-develop the technology with local Chinese companies.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.