Intel shells out $100M for innovation center in China

By VCPOST Staff Reporter

Apr 18, 2014 01:41 PM EDT

American chipmaker Intel Corp has started partnering with China-based smartphone maker Xiaomi and Internet company Tencent to accelerate the innovation of smart equipment in the Asian country, according to a Time Weekly report cited by Want China Times.

During the Intel Developer Forum (IDF) recently held in Shenzen, Intel chief executive officer (CEO) Brian Krzanich said they will invest $100 million to establish an innovation facility for smart devices in China. The innovation project will cover tablets, smartphones, personal computers, and wearable devices, the report detailed.

Under Intel's deal with Xiaomi, the two companies are working on allowing Xiaomi Box users to share content wirelessly from tablets, 2-in-1 devices, and smartphones onto a big screen. The upgrade will provide lesser delays and better content transmission, the report explained.

Intel's tie-up with Tencent, on the other hand, involves the addition of a beautification function for the Chinese Internet giant's messaging app QQ. The update will allow users to immediately edit and beautify their photos while a video chat is going on, Want China Times reported.

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