Intel has signed an agreement on equipment sales and technology transfer with Founder Microelectronics in Shenzhen.

According to the agreement, Intel will provide the second-phase manufacturing equipment and technology to Founder's round silicon chip factory located in Shenzhen. And it will provide training to Founder's manufacturing and project designers.

The agreement also includes a technology transfer agreement that involves the transferring and procedure permission of many of Intel's technologies, which can be used for making highly reliable micro-controllers, CMOS and BiCMOS.

The parties have not disclosed the detailed amount of funds involved in the agreement. In September 2005, Founder inked a letter of intent with Intel's headquarters in the U.S. on the purchase of Intel's six-inch equipment and core technical equipment.