Tsinghua University builds stake in Dialog Semiconductor to 9%

News Wireless China 19 DEC 2017
Tsinghua University builds stake in Dialog Semiconductor to 9%

Chinese state-owned chipmaker Tsinghua University has accumulated a 9 percent stake in Dialog Semiconductor. Tsinghua started buying shares in Dialog after the company's share price dropped on reports it could lose Apple as a key customer. According to the latest notification to Dialog, Tsinghua University now holds 9.01 percent of its voting rights. 

Dialog's share price has roughly halved since early this year when concerns about the Apple contract first emerged. Since the news of Tsinghua buying more shares, the price is up almost 10 percent. 

The stake in Dialog is held through the Shanghai-based university's commercial arm Tsinghua Unigroup. In 2013, the company acquired Spreadtrum Communications. 

Categories:

Mobile

Companies:

Apple,  Dialog Semiconductor

Regions:

Global

Countries:

China

Tags:

Semiconductors, Shareholders & subsidiaries, M&A buyouts & divestments

Related Articles

GLOBAL 28 FEB 2018

Dialog Semiconductor takes loss on deconsolidation of Dyna but still ups profit in Q4

After reporting its preliminary results for the fourth quarter last month, Dialog Semiconductor has come out with its final results, confirming revenues up 27 percent from the year before to USD 646 million, passing guidance. Excluding the contribution from Silego, revenue was up 24 percent on the back of a solid performance at Mobile System, itself up 31 percent. The company created the Advanced Mixed Signal segment in Q4, grouping the former Power Conversion segment and Silego. The new business saw reven

GLOBAL 5 JAN 2018

Semiconductor revenue up 22% to USD 419.7 bln in 2017

Worldwide semiconductor revenue rose 22.2 percent to USD 419.7 billion in 2017, according to preliminary results by Gartner. Undersupply helped drive 64 percent revenue growth in the memory market, which accounted for 31 percent of total semiconductor revenue in 2017. The key driver behind the booming memory revenue was higher prices due to a supply shortage. NAND flash prices increased year over year for the first time ever, up 17 percent, while DRAM prices rose 44 percent.

GLOBAL 4 DEC 2017

Dialog attempts to reassure on Apple business as share price falls further

Dialog Semiconductor has tried to reassure investors that it does not expect to lose business from Apple in the near term. The company's share price has been under pressure since reports emerged that Apple is working on its own power management chip, which could lead to less business for its usual supplier Dialog. 

GLOBAL 1 DEC 2017

Apple to design own power chip, reduce ties with Dialog - report

Apple is designing its own main power management chips for use in iPhones as early as in 2018, cutting its dependence on Dialog Semiconductor, industry sources told the Nikkei Asian Review. The news sent Dialog's share price almost 20 percent lower. 

CHINA 22 NOV 2017

Unigroup appoints Li as co-president, Zeng succeeds Li as CEO of Spreadtrum

Tsinghua Unigroup (Unigroup) appointed Leo Li to the position of co-president of Unigroup. Li will work directly with Unigroup chairman Weiguo Zhao on business expansion as well as plan and implement key investment projects in the chip design area. Xuezhong Zeng will succeed Li as CEO of Spreadtrum Communications, while Li will continue in his role as chairman of Spreadtrum. Spreadtrum is a fabless semiconductor provider in China which was acquired by Unigroup in 2013.

GLOBAL 12 APR 2017

Dialog maintains guidance amid worries of Apple problems

Dialog Semiconductor said it expects to meet expectations for its Q1 and full-year results. The company issued the statement after a drop in its share price on 11 April, which was reportedly due to an analyst report saying the company was set to lose business from Apple. Dialog said it "knows of no business reason for this movement" and had no new information on the design cycle of its main customers.

Just In

16:42

SLT-Mobitel launches 5G network in Sri Lanka

16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.