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.



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