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

Spain to maintain control of Catalonia: El Pais
Scientists explore DNA secrets of green-blooded lizards
Irish PM urges voters to see through last minute abortion
New gambling regulation prompts NCAA to ease up on venue rule
Serena to miss out on seeding as French Open follows rankings

Leave a Reply

Your email address will not be published.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