Seeking Alpha

Communications chipmaker RDA Microleectronics (RDA) has acquired the baseband chip IP of Chinese...

Communications chipmaker RDA Microleectronics (RDA) has acquired the baseband chip IP of Chinese peer Coolsand Holding for $46M ($20M cash + $26M stock). The acquisition, which complements RDA's mobile phone RF chip business, could lead to additional competition for Spreadtrum (SPRD) and MediaTek, who have heavy exposure to the low-end/2G Chinese phone market.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs