On September 17th, Telink Semiconductor reached agreement with Intel Capital for the latter put strategic investment into Telink.
According to a statement released by Intel on Wall Street Journal and other international media, Intel Capital chose Telink and other seven high-tech companies as investment targets because they represent the leading edge of Chinese tech, each presenting an opportunity for Intel to leverage its capital with each company’s expertise and presence in China.
Dr. Wenjun Sheng (2nd to the Left in the picture), CEO of Telink, commented in a later media interview, “Telink has been focusing on high-integration, low power IoT SoC solutions since the start of the company and this focus matches with Intel’s vision in IoT development very well. The strategic investment from Intel is more than financial support to Telink, the additional partnership and business opportunities that Intel will help to create will also give a big boost to Telink.” Different from the offering of Telink’s competitors, the IoT SoC chip from Telink can support almost all the major IoT protocols including Bluetooth Low Energy, Zigbee, 6LoWPAN/Thread, and Apple HomeKit. Telink’s current customers include many of the world leading players in their respective industry. According to Dr. Sheng’s estimation, company’s revenue will exceed 100million RMB in 2015.