Silicon Valley follows China’s playbook in hunt for business

Ian Yang, president of Intel China, addresses the audience at IDF Shenzhen in China in April 2015. Intel is investing $1.5 billion for a minority 20 percent stake in a subsidiary of Tsinghua Holdings, which recently bought two semiconductor companies. (Yubo/Intel photo) Some of Silicon Valley’s biggest companies are investing billions of dollars in China’s tech sector in a rush to preserve access to the country’s vast markets.

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