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Shepherd turned billionaire eyes Micron to take on Samsung in $31b megadeal

2015-07-16 04:11:57| Electronics - Topix.net

Zhao Weiguo knew the only way to avoid a future raising pigs and herding sheep in rural China was education. Thirty years after enrolling in prestigious Tsinghua University, the billionaire is using the backing of his alma mater to build a technology empire.

Tags: eyes turned samsung shepherd

 

McCain raises concerns about possible China bid for Micron Tech

2015-07-16 00:19:07| Semiconductors - Topix.net

Republican U.S. Senator John McCain on Wednesday raised concerns about the potential national security implications of a proposed bid by China's Tsinghua Unigroup Ltd's [TSHUAA.UL] to acquire U.S. chip maker Micron Technology Inc, and called for a thorough U.S. review. "I am concerned by the potential national security implications of a planned bid by a Chinese state-owned enterprise for Micron Technology, the last major American manufacturer of memory chips," the head of the Senate Armed Services Committee said in response to a query from Reuters.

Tags: china tech bid concerns

 
 

McCain raises concerns about possible China bid for Micron Tech

2015-07-16 00:02:23| Electronics - Topix.net

Republican U.S. Senator John McCain on Wednesday raised concerns about the potential national security implications of a proposed bid by China's Tsinghua Unigroup Ltd's [TSHUAA.UL] to acquire U.S. chip maker Micron Technology Inc, and called for a thorough U.S. review. "I am concerned by the potential national security implications of a planned bid by a Chinese state-owned enterprise for Micron Technology, the last major American manufacturer of memory chips," the head of the Senate Armed Services Committee said in response to a query from Reuters.

Tags: china tech bid concerns

 

Micron: Tsinghua Unigroup's Reported $23B Bid Is A Long Shot

2015-07-15 15:57:50| Telecom - Topix.net

The Wall Street Journal is reporting that China's state-owned Tsinghua Unigroup has prepped a bid to acquire Micron for $23 billion or $21 per share: State-backed Chinese tech firm Tsinghua Unigroup has prepped a $23B, or $21/share, bid to acquire U.S. DRAM/NAND flash giant Micron , the WSJ reports . The report has broken shortly after AH trading closed for the day.

Tags: long reported bid shot

 

China seeks Micron buyout for $23B

2015-07-15 10:35:29| Semiconductors - Topix.net

China's Tsinghua Unigroup offered to buy Micron Technology for $23 billion, a move that will put the country at the forefront of semiconductors while possibly raising political issues in the United States leading up to the elections. . With $16.8 billion in revenues last year, Micron is the second largest chipmaker in the United States following Intel.

Tags: china seeks micron buyout

 

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