Tsinghua eyes up MediaTek he Chinese state backed consortium Tsinghua Unigroup wants to take over successful chip firm Mediatek. China has a long range plan to grow its semiconductor industry and according to a report in Digitimes, Tsinghua’s chairman Zhao Weiguo said that if Taiwan lifts its ban on Chinese firm, there could well be a merger of the companies. MediaTek said that it would be happy to talk with Tsinghua in a merger provided that Taiwanese government restrictions were lifted. Although Taiwan does not allow Chinese companies to take shares in companies on the island, there’s a great deal of self interest in both countries cooperating. For example, many Taiwanese semiconductor firms have factories in mainland China. http://www.techeye.net/chips/tsinghua-eyes-up-mediatek |
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