China's Xiaomi picks up about 6% stake in semiconductor designer VeriSilicon

China's Xiaomi picks up about 6% stake in semiconductor designer VeriSilicon

Photo by Xiaomi

China’s Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.

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