eetimes thrash out some more details of the deal, stating the following as "known"
http://www.eetimes.com/author.asp?section_id=36&doc_id=1322528&
1) Rockchip will get an X86 architecture license from Intel and will develop X86-based SoC for midmarket and low-end tablets. According to the announcement, the first quad-core SoC (in the Intel Sofia family) will be launched in the first half of 2015.
2) Rockchip will license from Intel its 3G modem technology -- a rare commodity among China's application processor vendors.
3) Rockchip will get 14-nm capacity support from Intel in the near future.
I don't know whether it'll work or not, but it's a pretty decisive and important move (if as described).