Chinese investor lifts stake in Dialog Semi to over 7 percent


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

Billy Graham, preacher to millions, adviser to presidents, dies at 99
Russian medalist at Games suspected of doping: source
Muguruza to play in Birmingham before Wimbledon title defense
Golf: Inconsistent Woods six behind first-round leaders at Riviera
Oil that reached Japan shores seen from sunken Iran tanker: Coast…

Leave a Reply

Your email address will not be published.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