Briefs: Motorola steps up China investments

Mar 16, 2006

Motorola will be investing in three new projects in China. The venture-capital arm of the mobile group, Motorola Ventures, will be investing in Shanghai NewMargin Venture Capital Enterprise, Shenzhen Shenxun Information Technology Development and Legend Silicon.

"China is of continuing strategic importance to Motorola. Besides shoring up strength in mobile devices and network infrastructure, Motorola is branching out to new businesses that can help provide seamless mobility solutions to our customers in China," Warren Holtsberg, corporate vice president of equity investing, said in a news release.

Motorola is the largest foreign investor in China's electronics industry with more than 9,000 employees in China. By the end of 2005 total investments in the country exceeded $3.6 billion.

Copyright 2006 by United Press International

Explore further: Tesla Motors dealing as states play factory poker

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

DIY glove-based tutor indicates muscle-memory potential

20 hours ago

A senior editor at IEEE Spectrum worked on a DIY project that enabled his 11-year-old son to improve his touch typing by use of a vibrating glove. His son was already "pretty quick on the keyboard," said ...

US cyber-warriors battling Islamic State on Twitter

21 hours ago

The United States has launched a social media offensive against the Islamic State and Al-Qaeda, setting out to win the war of ideas by ridiculing the militants with a mixture of blunt language and sarcasm.

User comments : 0