Chinese computer giant Founder has signed a deal with Intel (INTC) in Beijing to upgrade the companies' current cooperation.
Based on their current cooperation on laptop computer sales, the two sides will develop a deep strategic cooperation on mobile products and services. Intel will continue providing technology support and assisting Founder in establishing three joint labs which are located in the three cities of Beijing, Shanghai and Suzhou, respectively. In the meantime, they will strengthen development and investment in high-end products and marketing initiatives.
This is the first time that Intel has begun an all-rounded cooperation with a Chinese domestic company. The upgrading of the parties' strategic cooperation will be conducive to altering the layout of China's IT market and promoting the rapid development of China's IT industry, particularly the laptop ann mobile computing sector.