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Exclusive: China’s Tsinghua Unigroup to invest $47 billion to build chip empire

China’s Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world’s third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday.

Source: Exclusive: China’s Tsinghua Unigroup to invest $47 billion to build chip empire


Categorised as: interesting

Posted by: Kramer

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