China Bids $23B for Micron
Beijing's could contribute from $20B fund
Rick Merritt; EETimes
7/13/2015 10:45 PM EDT
SAN FRANCISCO – In a bold move to put China at the forefront of semiconductors, Tsinghua Unigroup bid $23 billion to buy Micron Technology. The deal would fill one of the biggest strategic holes in China’s chip industry but is expected to raise political issues all the way to the U.S. White House.
The Wall Street Journal reported the bid after close of the U.S. stock market. With $16.8 billion in revenues last year, Micron is the second largest chip maker in the U.S. following Intel.
E-mail This Article | Printer-Friendly Page |
Related News
- China bars Micron ICs destined for key infrastructure
- Alphawave IP and Verisilicon Expand Partnership with $54M Multi-Year Exclusive Subscription Reseller Agreement for China Market
- China chip imports still at $300bn
- China's Unigroup plans to spend $60 billion, says report
- China startup releases AI processors then raises $100 million
Breaking News
- China's Intel, AMD Ban Helps Local Rivals, Analysts Say
- PUFsecurity Unveils Next-Gen Crypto Coprocessor PUFcc7 Featuring High-speed Performance and TLS 1.3 Support
- SEMIFIVE Starts Mass Production of its 14nm AI Inference SoC Platform based Product
- VeriSilicon's complete Bluetooth Low Energy IP solution is fully compliant with LE Audio specification
- TASKING and Andes Announce FuSa Compliant Compiler Support for Andes RISC-V ASIL Compliant Automotive IP
Most Popular
- Intel and Arm Team Up to Power Startups
- Chiplet Interconnect Pioneer Eliyan Closes $60 Million Series B Funding Round, Co-led by Samsung Catalyst Fund and Tiger Global Management to Address Most Pressing Challenge in Development of Generative AI Chips
- PUFsecurity Unveils Next-Gen Crypto Coprocessor PUFcc7 Featuring High-speed Performance and TLS 1.3 Support
- Renesas Introduces Industry's First General-Purpose 32-bit RISC-V MCUs with Internally Developed CPU Core
- SmartSoC Solutions Joins TSMC Design Center Alliance to Boost Semiconductor Innovation in India