Chip Giants Plan Merger of Chinese Mobile Chip Makers
BEIJING, Oct 08, 2012 (Menafn - SinoCast Daily Business Beat via COMTEX) --According to foreign media reports dated October 4, prominent chip manufacturers are paying attention to China's mobile chip market and have a mind to acquire domestic chip manufacturing companies.
These well-known chip manufacturers include Intel Corporation INTC, NVIDIA Corporation NVDA, Broadcom Corporation BRCM, etc.
It is reported that such chip manufacturing companies as Spreadtrum Communications, Inc. SPRD, Rda Microelectronics Inc. RDA, Leadcore Technology Co., Ltd and Beijing InnoFidei Technology Limited may be the possible takeover targets.
Meanwhile, these global chip manufacturers are also considering localized merger so as to take a leading position in the competition with mobile chip manufacturers like QUALCOMM, Inc. QCOM, MediaTek Inc., etc.
Source: www.163.com (October 08, 2012)
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