Beijing core Century (Beijing) Semiconductor Technology Limited (hereinafter referred to as "Beijing Core Semiconductor") and Freescale, Motorola transfer agreement signed in Beijing, with $ 50 million acquisition of Freescale’s wireless business unit and Motorola protocol stack software business, is expected to be 3G baseband chips for 3G and 4G core technology. In September 2006 when the sector is valued at 7.6 billion dollars.
Beijing had not known core semiconductor industry, the company registered capital of 1 billion yuan, the country’s largest mobile phone manufacturers design Dickson and Beijing Yizhuang International Investment and Development Co., Ltd., a joint venture, in which Tak Shun Technology holds 52% of the shares. Beijing Yizhuang International Investment and Development Co., Ltd. is an investment company Beijing Economic and Technological Development funded the establishment.
After obtaining the transfer of technology, Beijing will focus on re-integration of semiconductor core resources to develop 3G, 4G wireless communication terminal chips and chip-based mobile terminal solutions. The acquisition will promote China’s own design capability in microprocessors, and shorten the product development cycle.
Freescale’s semiconductor division of Motorola spin-off was set up in 2004, is the world’s 13th largest semiconductor company. Freescale’s wireless business is one of the four core businesses, the main customers are Motorola, Fujitsu, RIM and Samsung, Motorola has been its largest customer. Involvement in all the way down the Motorola handset sales, mobile phone chip performance Freescale also recently plummeted.
April this year, there was news that the Group will split heavily Qiao Xing acquisition of Freescale’s wireless business by its Qiao Xing Mobile and TechFaith reached launched in the Chinese market, a high-end 3G handsets agreement, Dickson Qiao Xing wireless will provide the phone’s WCDMA and EVDO solution. However, in the formal acquisition program, it is unclear in the form of Qiao Xing participation. |
