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China fabless firms exit public market, swoop up state funds

Posted: 14 Aug 2014     Print Version  Bookmark and Share

Keywords:China  Nasdaq  fabless  Spreadtrum  RDA 

[Summary of tips] Several Chinese fabless companies have quit Nasdaq and sold out as quasi-state enterprises, having received little affection from the U.S. investment community while being drawn to a pot of gold promised by their government (see China to funnel up to $15B on IC industry).Spreadtrum Communications and RDA Microelectronics have t......
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