Intel invests $60m in Chinese drone maker

Posted on 27 Aug 2015 by Michael Cruickshank

Computer chip manufacturer Intel Corp has today announced a large investment in a Chinese company making small drones.

In a video statement Intel revealed that it plans to invest $60m into Yuneec International, as part of a development collaboration between the two companies. “At Intel we believe in a smart and connected world. And one of the best ways to bring that smart and connected world to everyone and everywhere has been drones,”…

This content is for subscribers only. Subscribe now for free to read the full article.