Tsinghua Unigroup
Tsinghua Unigroup Unveils Plan to Build $30 Billion Chip Factory in Nanjing
| Girish Shetti | | Jan 21, 2017 12:42 PM EST |
China's state-owned Tsinghua Unigroup Ltd. on Thursday unveiled an ambitious plan to construct a $30 billion memory chip factory to bolster its local production capacity.
China’s Tsinghua Holdings to Invest $7.5 billion in Research and Development Over Next 5 Years
| Girish Shetti | | Jun 27, 2016 09:17 AM EDT |
Xu Jinghong, chairman of Tsinghua Holdings, has said the Chinese state-owned technology company plans to invest $7.5 billion in research and development (R&D) over the next five years. A substantial part of this R&D fund will go to the chip-making division of Tsinghua Unigroup. The move comes as China aims to compete with global chip makers.
China’s Tsinghua Unigroup Buys Minority Stake in US Semi Conductor Firm Lattice
| Girish Shetti | | Apr 16, 2016 09:28 AM EDT |
China's state owned semi-conductor firm Tsinghua Unigroup has acquired a six percent minority stake in US-based company Lattice Semiconductor Corp. This is the first big deal by Tsinghua Unigroup in a US firm after its plan to acquire a majority stake in two leading tech firms US firms was thwarted by the Committee on Foreign Investment in the United States (CFIUS) last year.
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