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More deals ahead? China fund buys Silicon Valley chip maker
2015-04-05 21:48:16| Semiconductors - Topix.net
China's aggressive new policy to expand its semiconductor industry is worrying U.S. chipmakers, many of which are based in Silicon Valley, and raising potential national security concerns as it begins to acquire U.S. tech companies. The world's largest market for integrated circuits, China is expected to spend up to $100 billion on both domestic investments and acquisitions abroad to grow its semiconductor industry by more than 20 percent annually over the next five years.
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Category:Electronics and Electrical
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