Does a Chinese Bid for Globalfoundries Make Sense?

Peter Clarke, Analog Editor, EE Times Europe
9/2/2015 03:46 PM EDT

After Micron and OmniVision, should China's next big acquisition be leading foundry Globalfoundries Inc?

In recent months China has moved on multiple fronts as it seeks to use its considerable financial resources to improve its position in the global semiconductor industry.

Could a next step be the acquisition of leading foundry Globalfoundries Inc. (Santa Clara, Calif.)? And could China find a bid pushing at an open door.

China's Tsinghua Unigroup bid $23 billion to buy US memory chip company Micron Technology Inc. and how a consortium led by China's Hua Capital Management Co. Ltd. has had a $1.9 billion bid for image sensor vendor OmniVision Technologies Inc. accepted.

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