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Beijing Shanhai Capital Management offered a takeover bid to chip maker Analogix Semiconductor in a deal worth more than $500 million.

China's Shanhai Capital to Acquire U.S. Chipmaker Analogix Semiconductor for $500M

Charissa Echavez   | Sep 26, 2016 08:42 PM EDT

Following a number of high-profile attempts to acquire a U.S. semiconductor maker, recent news reveals that Beijing Shanhai Capital Management offered a takeover bid to chip maker Analogix Semiconductor in a deal worth more than $500 million.

Qualcomm said that China also provides the company with the biggest slice of its revenue.

Qualcomm Releases New Forecast Report with China as Biggest Contributor

Ellie Froilan   | Jul 22, 2016 07:28 AM EDT

Qualcomm has released its new forecast for the current quarter, predicting that China will have the strongest demand for its mobile chips.

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