Intel Capital backs South Korean mobile tech maker
Intel Capital, the US chipmaker's corporate VC arm, has invested an undisclosed amount in Zinitix, a South Korean developer of touchscreen controller technology for mobile devices. The funding will help the company expand into other rapidly growing markets and support product development.
To counter the drop in PC sales, Intel this year announced a range of new products to accelerate the company's presence in mobile. Zinitix was founded in 2000 and designs microchips that control the...
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