Ron Burgundy Posted November 25, 2015 Share Posted November 25, 2015 By Miyoung Kim and Makiko Yamazaki TAIPEI/TOKYO (Reuters) - China's unabashed interest in foreign chipmakers in an already record year of deals has been quickly read by rivals as a sign that mergers and acquisitions (M&As) will get more competitive and target companies will get more expensive. "The days of growing organically through technological advantage are over," said Hidetoshi Shibata, chief financial officer of Japan's Renesas Electronics Corp . Tsinghua Unigroup Ltd is leading China's development of a national semiconductor industry with $10 billion spent on M&As over the past two years and plans for almost $50 billion more over the next five. View the full article Quote Link to comment Share on other sites More sharing options...
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