Intel announces investments in two Chinese semiconductor companies

Intel announced Wednesday that its venture capital arm Intel Capital has invested in two Chinese semiconductor startups.
One of the two Chinese companies is ProPlus, a design automation (EDA) software provider that provides advanced device modeling and rapid circuit simulation solutions.

Intel announced Wednesday that its venture capital arm Intel Capital has invested in two Chinese semiconductor startups.

One of the two Chinese companies is ProPlus, a design automation (EDA) software provider that provides advanced device modeling and rapid circuit simulation solutions.

Leaders in the field, Cadence Design Systems, Mentor Graphics and Synopsys are all American companies. ProPlus Chairman and CEO Liu Zhihong was previously Vice President at Cadence Technologies, while its director Hu Chenming was Chief Technology Officer at TSMC.

Another is Fujian Spectrum Materials, whose products include specialty electronic gases and materials that are essential for chip manufacturing. In this field, manufacturers in the United States, South Korea and Japan have a monopoly.

Intel Capital has been investing in small chip companies around the world, including such companies in China. In 2019 and 2018, it had announced investments in two Chinese chip startups.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/intel-announces-investments-in-two-chinese-semiconductor-companies/.

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