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Tsinghua holdings intends to put 300 Billion yuan developing mobile phone chips 

Date:2015-08-21   Browse:2754



        As the city tries to reduce its reliance on foreign technology, mobile phone chip has become urgent. According to the China daily newspaper recently reported Tsinghua holdings plans to invest over the next few years at least 300 billion yuan ( about 47.4 billion dollars ) to develop mobile phone chip technology, challenging market leader Qualcomm's dominance.

       Tsinghua holdings, compared with international competitors, continues to lag behind in technology 3  5 Years, particularly sophisticated 4G  5G Product.
It is reported that Tsinghua holdings as a pioneer in technology enterprises, the company owned by Tsinghua Unisplendour was negotiating with Micron Technology, hopes to spend 230 Of millions of dollars to buy the United States memory chip maker.  ( News source: China daily)