China Marks Global Chip Ambitions With $13 Billion Share SaleBloomberg News
Funding will bankroll move into mainstream memory sector
Billionaire Zhao Weiguo sees era of giants in global chips
China has taken its biggest step toward creating a national champion in semiconductors with a planned $13 billion private placement by an affiliate of Tsinghua Unigroup Ltd. to build a chip plant and fund expansion.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.