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Tsinghua Holdings To Invest in R&D.

China’s Tsinghua Holdings to Invest $7.5 billion in Research and Development Over Next 5 Years

Girish Shetti   | Jun 27, 2016 09:17 AM EDT

Xu Jinghong, chairman of Tsinghua Holdings, has said the Chinese state-owned technology company plans to invest $7.5 billion in research and development (R&D) over the next five years. A substantial part of this R&D fund will go to the chip-making division of Tsinghua Unigroup. The move comes as China aims to compete with global chip makers.

Tsinghua Holdings Co., Marvell Technology,

Tsinghua Holdings Reveals Unspecified Stake in Silicon Valley's Marvell Technology

Charissa Echavez   | May 15, 2016 10:15 AM EDT

China's Tsinghua Holdings Co. has revealed that it has acquired an unspecified stake in Silicon Valley's chip maker Marvell Technology. The revelation was made in a filing with the United States Federal Trade Commission (FTC) on May 6.

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