Taiwan-based chip designer MediaTek has invested $2.2m in China-based security company NetQin Mobile following phone maker HTC’s earlier $2.5m investment.
MediaTek’s subsidiary, Gaintech, invested in NetQin , which has 64.8% of the Chinese mobile security market, according to consultants Frost & Sullivan.
Since February, MediaTek have invested a total of $7.3m in four Chinese software developers, including NetQin Technology, according to news provider China Knowledge.