Infinity Group, a Chinese investment firm founded by IDB Group and China Development Bank, backs the Chinese chipmaker.
Infinity Group, a Chinese investment firm founded by IDB Group, the largest conglomerate in Israel and financial institution China Development Bank, has done its first investment in the Chinese city of Chengdu, investing RMB8m in China-based chip company Solorein Technology.
Solorein was established in 2004. The investment was made by Infinity’s Chengdu Shuangliu Fund, designed to invest in that city.
Amir Gal-Or, Infinity Group founder, said, "Solorein develops and manufactures the leading Planar Light-wave Circuit technology in China. This is…
