Marbridge Daily

<- June 02, 2010 ->

Rumor: Loongson to Purchase Stake in US Chipmaker

China Business News, 6/02/10

Jiangsu-based chipset and computer manufacturer Lemote Tech, maker of the Chinese-developed Loongson processor, is reportedly considering acquiring a stake in US-based processor manufacturer MIPS Technologies, according to a source within the semiconductor industry.

The source claims that Lemote could gain seats on MIPS board of directors in the deal.

Sources at Lemote neither confirmed nor commented on the rumor. Two sources at fabless IC design firm BLX IC Design also declined to comment.

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