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Electronics Production | November 02, 2007

Intel Invests $10.5 million in Zheijang

Intel announced in Hangzhou that its global investment business entity will invest US$10.5 million into Zhejiang Supcon Technology Company.

Intel has decided to invest in Zheijang Supcon Technology Company and according to the agreement, Intel and Supcon will jointly develop and promote industrial automatization solutions based on Intel's technology in China and offer support to Supcon's product and service marketing worldwide. Intel will also help Supcon build some channels out of China as well business relations with companies from other industries.
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