China raises stake in Dialog, share price jumps

December 19, 2017 // By Peter Clarke
China's Tsinghua University has raised its holding in Europe's mixed-signal, RF and power chip company Dialog Semiconductor plc to 9.01 percent, according to a regulatory filing.

This is a continuation of the Chinese state's attempt to use its economic power to buy its way into significance in the global electronics market. Dialog's share price Dialog's share price has dropped by nearly half over the last year – from nearly €50 to under €25 on rumors that Apple might be preparing to drop Dialog as a supplier of power management ICs. That possibility was acknowledged by Dialog recently (see Dialog admits Apple could make PMICs ).

Tsinghua University is the owner of Tsinghua Unigroup holding company and has been used as an instrument of Chinese industrial policy. It has responded to the fall in Dialog's shareprice, although Dialog's share's jumped 10 percent on the latest regulatory announcement to trade at over €25.

Related links and articles:

News articles:

China builds stake in Dialog

Dialog admits Apple could make PMICs

Imagination, MIPS to be sold to China-, California-connected VCs

President Trump blocks Lattice deal

Vous êtes certain ?

Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site.

Vous allez être rediriger vers Google.