The corporate venturing unit of chipmaker Intel also reportedly plans to invest $500m this year.
Intel Capital invested $22m in three Chinese companies, 6DXchange, an internet-based fashion and lifestyle retailer, Beijing JoySee Technology Co, a developer of smart television boxes, and Shanghai Bocom Intelligent Network Technologies, a sensor and networking technology company, according to a statement.
Beijing Joysee was set up this year as a subsidiary of media company China Digital TV.
The investments came from the firm’s $500m Intel Capital China Technology Fund II.
Arvind Sodhani, president of Intel Capital, said:"As the internet…
