Chinese investments in Israel’s high-tech sector have reached one third of Israel’s total, as Chinese companies look to Israel for investments in emerging technologies. Israeli Prime Minister Benjamin Netanyahu recently said, at a meeting with Chinese Premier Li Keqiang, that Israel and China could explore “many ways of technological cooperation.” During his March visit to China, Netanyahu met with the heads of major Chinese companies, including, Alibaba, Baidu, Lenovo, Wahaha and Wanda. Netanyahu said, “Israel is open for business with China.”
Microsoft has entered a partnership with state-owned China Electronics Technology Group Corporation (CETC) and plans to release a new version of the Windows 10 operating system for use in government. CETC — traditionally known for developing software for Chinese government and military — owns a 51 percent stake in the joint venture, C&M Information Technology Co. Ltd.
According to a recent report from The Wall Street Journal, Chinese smartphone maker Xaomi wants to begin building its own system on a chip (SoC) processors for its smartphones. Xaomi reportedly paid $15 million to acquire mobile processor technology from Leadcore Technology Ltd. Previously, Xaomi relied on Qualcomm SoCs in its mobile lineup. By manufacturing its own chips, Xaomi joins the ranks of Apple, Huawei and Samsung.
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