Scalper1 News
Even as China takes steps to decrease its dependence on chips manufactured outside the country, U.S. chipmakers Intel and Qualcomm are pursuing potentially big opportunities there. Intel (INTC) expects regulatory approval early next year for its deal to pay roughly $1.5 billion for a 20% stake in Tsinghua Unigroup, a Chinese state-affiliated private equity group that owns chipmakers Spreadtrum Communications and RDA Microelectronics. This follows Scalper1 News
Scalper1 News