Electronics Weekly Electronics Design & Components Tech News
Imagination’s shares have shot up 15% since the disclosure.
Tsinghua has seen numerous bids for stakes in US and Taiwanese companies rejected.
Recently Imagination announced 350 lay-offs representing 20% of its 1,700 workforce.
Tsinghua buys 3% of Imagination
Tsinghua, the acquisitive Chinese investment fund, has bought 3% of Imagination the crisis-hit GPU specialist.
