Intel Capital, Qualcomm Ventures and Zhangjiang Hi-Tech all invested in the original design manufacturer as part of a round that valued it at more than $2bn.
China-based electronics production services provider Huaqin Communication Technology has raised more than RMB1bn ($143m) from investors including subsidiaries of semiconductor technology producers Intel and Qualcomm, DealStreetAsia reported on Friday.
Intel Capital and Qualcomm Ventures were joined by industrial real estate developer Zhangjiang Hi-Tech, brokerage CMSC, financial services firms CMB International and China Merchants Bank, SinoKing Capital, Wise Road Capital and SummitView Capital.
Founded in 2005, Huaqin is an original design manufacturer, designsing and producing equipment like communication and mobile devices…
