China's Tsinghua Unigroup plans $47b investment to become world's top 3 chipmakers in next 5 years

China's Tsinghua Unigroup plans $47b investment to become world's top 3 chipmakers in next 5 years

Tsinghua Unigroup Website

China’s TsinghuaUnigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world’s third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday.

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