Intel invests in a Chinese semiconductor manufacturing equipment maker in Jiangsu Province

Editing by Xin Lanhua

Intel has invested in a Chinese local semiconductor manufacturing equipment maker through its Shanghai-registered subsidiary - Intel Asia Pacific Development Co., Ltd., according to the information on Qichacha – the Chinese enterprise information query platform.

The Chinese company that received Intel's investment is Jiangsu Shenzhou Semi Technology Co., Ltd. (神州科技), located in Yangzhou of eastern China’s Jiangsu Province. Its legal representative is Zhu Peiwen.

The Qichacha information shows the Intel company is added as a new investor of Shenzhou Semi Technology. The registered capital thus increased by 11.11% to RMB22.22 million ($3.5 million).

Shenzhou Semi Technology was founded in 2016 and its business scope includes semiconductor equipment and accessories' R&D, manufacturing, equipment repair and maintenance, software, and services.

The company has set up comprehensive testing platforms with high precision and high power for DC, RF, microwave, network adapter, and remote plasma generators.