Author - Mansur Ismagulov
The Tech AI
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Intel CEO Lip-Bu Tan has invested in Chinese companies through Walden International, which he founded in 1987, and through the holding companies Sakarya Limited and Seine Limited. He stepped down as an investor in SMIC in 2021, but Walden continues to participate in more than 20 funds associated with Chinese state entities. Through Sakarya, Tan controls over 38 companies, including the Huaxin Yuanchuang platform, which is linked to more than 500 organizations, while Seine Limited holds stakes in 68 companies, including Dapu Technologies and HAI Robotics.
Intel CEO Lip-Bu Tan has invested for decades in Chinese technology companies through Walden International, the venture firm he founded in San Francisco in 1987, as well as through two Hong Kong-registered holding companies, Sakarya Limited and Seine Limited.
Among the key investments is a stake in Chinese semiconductor company SMIC. Tan stepped down as an investor in 2021. Nevertheless, Walden continues to participate in more than 20 investment funds and companies linked to Chinese state entities.
Through Sakarya Limited, Tan controls over 38 Chinese companies, including the investment platform Huaxin Yuanchuang, which is connected to more than 500 organizations in China. Seine Limited, another structure managed by Walden, holds stakes in 68 Chinese companies. Among them are component manufacturer Dapu Technologies and startup HAI Robotics.
Source: Reuters
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