Chinese investor lifts stake in Dialog Semi to over 7 percent

Technology


FRANKFURT (Reuters) – An investment vehicle owned by Tsinghua Unigroup Ltd, China’s top state silicon chipmaker, has raised its stake in Anglo-German Dialog Semiconductor (DLGS.DE) to 7.15 percent, according to a regulatory filing on Tuesday.

A semiconductor wafer is seen at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016. REUTERS/Kim Kyung-Hoon

The Chinese investor increased its holding to 5.46 million shares from 5.34 million on Nov. 30, the day Dialog shares fell by 20 percent on a report that the company’s main client, Apple (AAPL.O), may design its own power-management chips.

Reporting by Douglas Busvine and Cate Cadell; Editing by Susan Fenton

Our Standards:The Thomson Reuters Trust Principles.



Source link

Products You May Like

Articles You May Like

N.J. Governor Christie eyes nuclear power subsidies, sparks criticism
U.S. gymnastics team doctor sentenced to 60 years for child pornography
Indian police arrests French journalist after filming in Kashmir
Trump wants to send U.S. astronauts back to moon, someday Mars
EU suspends funding for Cambodian election

Leave a Reply

Your email address will not be published. Required fields are marked *