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Chinese takeover of U.S.tech firms could prove beneficial to both countries,but will political concerns complicate things?China’s Tsinghua Unigroup Ltd.announc
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Chinese takeover of U.S.tech firms could prove beneficial to both countries,but will political concerns complicate things?China’s Tsinghua Unigroup Ltd.announced its plans to make a historic$23 billion offer for Boise,Idaho-based chipmaker Micron Technology Inc.,which—if approved—would be the largest takeover of any foreign firm by a Chinese company.It’s small change,though,compared to the$161bil ion the Chinese Government has budgeted to spend on the chip industry over the next
Chinese takeover of UStech companies could prove beneficial to both countries, but will political contradictions complicate things? China’s Tsinghua Unigroup Ltd.announced its plans to make a historic $ 23 billion offer for Boise, Idaho-based chipmaker Micron Technology Inc., which-if approved-would be the largest takeover of any foreign firm by a Chinese company. It’s small change, though, compared to the $ 161bil ion the Chinese Government has budgeted to spend on the chip industry over the next
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