CHINA TOPIX

Updated 9:12 AM EST, Tue, Jan 05, 2021

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Beijing Shanhai Capital Management offered a takeover bid to chip maker Analogix Semiconductor in a deal worth more than $500 million.

China's Shanhai Capital to Acquire U.S. Chipmaker Analogix Semiconductor for $500M

Following a number of high-profile attempts to acquire a U.S. semiconductor maker, recent news reveals that Beijing Shanhai Capital Management offered a takeover bid to chip maker Analogix Semiconductor in a deal worth more than $500 million.

Qualcomm said that China also provides the company with the biggest slice of its revenue.

Qualcomm Releases New Forecast Report with China as Biggest Contributor

Qualcomm has released its new forecast for the current quarter, predicting that China will have the strongest demand for its mobile chips.

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