Top Tech Stories of the Day: Spreadtrum to Be Acquired by Tsinghua Holdings for $1.78 Billion

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Top Tech Stories of the Day: Spreadtrum to Be Acquired by Tsinghua Holdings for $1.78 Billion

Top Tech Stories of the Day: Spreadtrum to Be Acquired by Tsinghua Holdings for $1.78 Billion
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Top Tech Stories of the Day: Spreadtrum to Be Acquired by Tsinghua Holdings for $1.78 Billion

by Wochit 0:48 mins

Chinese cellphone chip designer Spreadtrum Communications Incorporated agreed to be acquired by a unit of government-owned Tsinghua Holdings Company Limited for a raised offer price of about $1.78 billion. LG Display previewed what can be expected from its upcoming smartphones by showing off a 5.2-inch full HD LCD panel that measures just 2.2 millimeters thin. Microsoft's sweeping re-organization creates a company that, more than ever, bears the stamp of Chief Executive Steve Ballmer.

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