InterDigital Inc (IDCC)

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Motorola announces increase in investment in China in 2006
Mar 16, 2006 (M2 EQUITYBITES via COMTEX) -- Wireless communications company Motorola Inc (NYSE:MOT) announced on Wednesday (15 March), three new investments in China.
The company has invested, through its venture capital arm subsidiary Motorola Ventures, in Shanghai NewMargin Venture Capital Enterprise (Shanghai NewMargin), Shenzhen Shenxun Information Technology Development Co Ltd (SXIT) and Legend Silicon Corp, the parent company of Legend Silicon Beijing (Legend Silicon).
In addition Motorola has formed a strategic cooperation with SXIT and made a substantial investment in its parent company, China Internet Technology and Service Ltd. Motorola expects the cooperation to increase its ability to provide customised services such as enterprise solutions, A-GPS, LBS, MMS, 3G applications, content and client applications.
The company said that it would continue exploring investment opportunities further in China.
The amount of investment was not disclosed.
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