(Telecompaper) Intel announced an investment of over USD 60 million in Chinese drone manufacturer Yuneec. Intel CEO Brian Krzanich announced the deal in a video posted on YouTube. Intel is expected to help develop semiconductors for connecting drones to the internet and communicating with other devices. Started in 1999 making electric and radio-controlled, Yuneec manufactures over 1 million units a year sold under OEM/ODM brands as well as the Typhoon brand of multicopters. It claims to have introduced the world's first ready-to-fly, out-of-the-box drone in 2014. Its Typhoon Q500 hquadcopter includes a "smart transmitter" combining a 2.4GHz radio control transmitter with a 5.8GHz digital video link along with a built-in Android touch screen.