(Telecompaper) Qualcomm has signed a strategic cooperation agreement with China's Guizhou Province and unveiled a joint venture, the Guizhou Huaxintong Semi-Conductor Technology, which will focus on the design, development and sale of server chips. The new joint venture will start life with CNY 1.85 billion (around USD 280 million), 45 percent owned by Qualcomm and 55 percent by the Guizhou provincial government.