China imports up to US$200 billion worth of chips a year, an amount which is higher than comparable figures for imports of crude oil and raw materials. Since memory chips account for a high portion of its total IC imports, it offers a good reason for China-based Summitview Capital and other investors to acquire US-based DRAM design company Integrated Silicon Solution (ISSI). More essentially, the deal will fulfill China's long-term goal to build up technology related to memory chip production.
from DIGITIMES: IT news from Asia http://ift.tt/19CZ8du
via Yuichun
from DIGITIMES: IT news from Asia http://ift.tt/19CZ8du
via Yuichun
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