China's Tsinghua to Spend $2.1 Billion on Taiwan Chip Testers
- Tsinghua Unigroup buying 25 percent stakes in SPIL, ChipMOS
- SPIL using funds from Unigroup to expand Taiwan facilities
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Tsinghua Unigroup Ltd. will spend $2.1 billion on stakes in two Taiwanese chip testers, marking further steps in China’s efforts to build its own semiconductor industry.
Tsinghua will invest NT$56.8 billion ($1.7 billion) in Siliconware Precision Industry Co. and NT$11.97 billion in ChipMOS Technologies Inc., according to separate announcements. Tsinghua will own 25 percent of each company after the deals close.