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China chip maker prepares US$23b bid for Micron: WSJ

The company, controlled by Tsinghua University in Beijing, has struck many international deals in recent past


STATE-backed Chinese technology conglomerate Tsinghua Unigroup Ltd is preparing a US$23 billion bid for US memory chip maker Micron Technology Inc, The Wall Street Journal reported, in what would be the biggest Chinese takeover of a US company.

Tsinghua Unigroup is prepared...