Tsinghua Unigroup Ltd, China's largest chip maker is planning to expand its business globally. the company has planned to expand the firm, along with that, the company has also raised a fund of USD 22 billion for its plan.
Not only this, but reports ar also alleging that the firm will get the total amount of 100 billion Yuan from the Chinese bank to support the expansion of the venture world wide. Another 50 billion Yuan will be given by the chip making fund.
Till this time, the company hasn't described how they are going to invest all the money in their business.
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