A Qualcomm company bus used to transport employees among its many buildings is shown in San Diego, California November 3, 2015. REUTERS/Mike Blake/Files
NEW YORK: Qualcomm Inc and the provincial government of Guizhou in southwest China unveiled a US$280mil (RM1.23bil) joint venture for the design, development and sale of advanced server technology, as the US chipmaker deepens its Chinese relations.
Qualcomm officials in Beijing signed a strategic cooperation agreement with the government of Guizhou province and announced the Guizhou Huaxintong Semi-Conductor Technology Co Ltd, a joint venture with initial capital of 1.85bil renminbi (RM1.23bil).
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