Intel apologises for telling suppliers to avoid sourcing products or labour from Xinjiang

US chipmaker Intel has apologised to Chinese customers, partners and the public for telling its suppliers not to source products or labour from the region of Xinjiang, following a backlash in China. The company recently published what it described as an annual letter to suppliers, dated December, that it had been “required to ensure that […]


Intel to invest $253.55 million in Jio Platforms

American multinational corporation and technology company, Intel will pick up 0.39 percent stake in Reliance Industries Ltd arm Jio Platforms for $253.55 million. The investment from Intel Capital comes after Facebook, General Atlantic, and Silver Lake picked up stake in recent months. The deal has valued Jio Platforms at $65 billion. Jio Platforms has raised […]