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: Audi to develop Tesla Model S all-electric rival

add to favorites email to friend print save as pdf

Related Stories

Lenovo profit up 23 percent on mobile growth

Aug 14, 2014

Lenovo Group, the world's biggest personal computer maker, said Thursday its latest quarterly profit rose 23 percent on strong growth in sales of smartphones and other mobile devices.

Lenovo signals 'global ambitions' with Motorola deal

Feb 02, 2014

In 1984, with only $25,000 in Chinese government funding and a dusty 20-square-metre bungalow as their headquarters, a small group of scientists in Beijing founded a firm called New Technology Developer Inc.

Moto X plant seen as harbinger of more US manufacturing

Sep 11, 2013

The mobile phone in Dennis Woodside's hand looks like something Captain America would carry, with a cherry red back, glossy white front and thin rings of metallic blue around the side buttons and camera lens.

Magnetic CEO, Alibaba jackpot rejuvenate Yahoo

Jul 15, 2013

Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo since 2005 when it invested ...

Apple faces competitive hurdle in Brazil market

Jul 10, 2013

On a recent vacation to Orlando, Fla., from his home in Brazil, Tulio Avellar made sure to stop by such world famous tourist destinations as Walt Disney World and Universal Studios.

Recommended for you

Audi to develop Tesla Model S all-electric rival

13 hours ago

The Tesla Model S has a rival. Audi is to develop all-electric family car. This is to be a family car that will offer an all-electric range of 280 miles (450 kilometers), according to Auto Express, which ...

A green data center with an autonomous power supply

18 hours ago

A new data center in the United States is generating electricity for its servers entirely from renewable sources, converting biogas from a sewage treatment plant into electricity and water. Siemens implemented ...

After a data breach, it's consumers left holding the bag

19 hours ago

Shoppers have launched into the holiday buying season and retailers are looking forward to year-end sales that make up almost 20% of their annual receipts. But as you check out at a store or click "purchase" on your online shopping cart ...

Can we create an energy efficient Internet?

19 hours ago

With the number of Internet connected devices rapidly increasing, researchers from Melbourne are starting a new research program to reduce energy consumption of such devices.

Brain inspired data engineering

20 hours ago

What if next-generation ICT systems could be based on the brain's structure and its cognitive and adaptive processes? A groundbreaking paradigm of brain-inspired intelligent ICT architectures is being born.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.