Intel Capital, the global investment arm of the chipmaker Intel Corp, announced on Wednesday that it has invested $22 million in three Chinese technology companies this year. It will also invest in at least six more in the next five months.

One of the three companies is Shanghai-based online e-commerce outfit, 6DX Change Inc, which operates the online fashion and lifestyle e-retailer website YaoDian100.com.

The second is high-definition smart TV and cable smart set top box provider Beijing JoySee Technology Co Ltd, a subsidiary of the US-listed China Digital TV holding Co Ltd.

The third is Shanghai-based BOCOM Intelligent Network Technologies Co Ltd, a provider of intelligent sensing and networking technologies for digital security and surveillance.

The chipmaker is seeking to penetrate the lucrative mobile market, as a means of diversifying its income source. All three Chinese companies in which it has invested are in the mobile Internet industry.

"Intel is making the transformation to provide compute solutions and China is a key market in this strategic direction," said Ian Yang, president of Intel China.

Intel will be searching for more Chinese technology companies to invest in during the second half of this year and will consider those that "not only focus on today's technology, but also that of the future," said Intel's Yang.

（中国日报网英语点津 Helen 编辑）

About the broadcaster:

Renee Haines is an editor and broadcaster at China Daily. Renee has more than 15 years of experience as a newspaper editor, radio station anchor and news director, news-wire service reporter and bureau chief, magazine writer, book editor and website consultant. She came to China from the United States.