Report: China’s Tsinghua targeting Korea’s fabless
Tsinghua Unigroup, a state-controlled conglomerate that has acquired numerous chip companies, has shopping list of companies specializing in power management, NFC, security, and Internet of Things (IoT) related solutions, the report said. Tsinghua is targeting Silicon Mitus, Maps and others the report said. At least one of these companies has reportedly entered into talks, the report said.
Silicon Mitus is fabless vendor of power management ICs (PMICs). MAPS Inc. (Gyenonggi-Do, South Korea) is a 2012 fabless chip company founded by engineers from Samsung and Fairchild that supplies ICs for mobile, lighting and automotive applications but with a main focus on wireless power conversion and wireless power charging.
Tsinghua Unigroup is an offshoot of Tsinghua University but is effectively seeking to implementing Chinese government policy to buys its way to prominence in the semiconductor industry.
It started by acquiring Chinese companies Spreadtrum and RDA Microelectronics and has expressed interest in Micron and MediaTek. Unisplendor, the Hong Kong-based subsidiary of Tsinghua Unigroup changed its mind about an investment in Western Digital after a decision by the Committee on Foreign Investment in the United States (CFIUS) to investigate the proposed investment.
Tsinghua has recently acquired a 6 percent stake in Lattice Semiconductor, a vendor of programmable chips.
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