Does a Chinese Bid for Globalfoundries Make Sense?
Peter Clarke, Analog Editor, EE Times Europe
9/2/2015 03:46 PM EDT
In recent months China has moved on multiple fronts as it seeks to use its considerable financial resources to improve its position in the global semiconductor industry.
Could a next step be the acquisition of leading foundry Globalfoundries Inc. (Santa Clara, Calif.)? And could China find a bid pushing at an open door.
China's Tsinghua Unigroup bid $23 billion to buy US memory chip company Micron Technology Inc. and how a consortium led by China's Hua Capital Management Co. Ltd. has had a $1.9 billion bid for image sensor vendor OmniVision Technologies Inc. accepted.
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