Bits + chips
Tsinghua Unigroup to raise CNY80 billion for memory plant and acquisitions
Chia-Han Lee, Taipei; Steve Shen, DIGITIMES

China-based Tongfang Guoxin Electronics, an affiliate of Tsinghua Unigroup, has announced a planned CNY80 billion (US$12.59 billion) private placement project, a step toward building itself as a semiconductor giant in China.

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