Intel Capital has put $500 million into a second venture capital fund focused on China technology start-ups, according to ZD Net Asia.

The fund will focus on start-ups "doing work in areas such as wireless broadband, media, telecommunications, and clean technology." Intel plans to increase the size of the investment it makes in individual companies and to even become the lead investor in some cases. Intel's first fund invested in 28 technology ventures in China.

The new fund is more than double the size of Into's original venture capital fund. That first fund was started in 2005.


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