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China marks global chip ambitions with US$13b share sale

CAPITAL IS KEY: Chip sector is entering the era of giants, with accelerating integration, says Mr Zhao.


CHINA has taken its biggest step towards creating a national champion in global semiconductors with a planned US$13 billion private placement by an affiliate of Tsinghua Unigroup Ltd to build a chip plant and fund expansion.

Raising cash will bankroll a move into the...

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