Qualcomm Incorporated announced today it would invest US$40 million into four Chinese tech startups, Chukong Technologies, 7Invensun, inPlug and Unisound, as well as the China venture fund of Walden International. The move is part of a US$150 million investment plan for the Chinese tech market announced by Qualcomm CEO Steve Mollenkopf in Beijing this July.
Chukong Technologies is a leading mobile game and game engine developer, 7Invensun develops eye- and head-tracking technology, inPlug is a smart home gadget maker, and Unisound develops speech recognition and natural-language processing services.
The investment in Walden International will go to China-based semiconductor companies, or companies in related sectors, according to Qualcomm.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.