Chinese government owned company offers $23 billion for Micron

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#1

We’ve just posted the following news: Chinese government owned company offers $23 billion for Micron[newsimage]http://static.myce.com//images_posts/2015/07/myce-micron-logo-95x75.png[/newsimage]

Chip manufacturer Tsinghua Unigroup, part of a holding wholly owned by the Chinese government, has offered $23 billion for American chip manufacturer Micron. Should the acquisition proceed it will be the largest acquisition of a foreign company by a Chinese organization.

            Read the full article here: [http://www.myce.com/news/chinese-government-owned-company-offers-23-billion-for-micron-76674/](http://www.myce.com/news/chinese-government-owned-company-offers-23-billion-for-micron-76674/)

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#2

The infamous trickle-down economics included off-shoring companies for the sake of short-term profits. This would be another fine example.


#3

The infamous trickle-down economics included off-shoring companies for the sake of short-term profits. This would be another fine example. I can’t wait until the next dispute with Chinese gov’t hackers starts a diplomatic furor and ends with doubling and tripling of prices, or more. Sell now, pay later.


#4

I doubt this will pass government scrutiny. The work being done by Micron with Intel on PCM alone is enough to sink this.


#5

Listen to Kerry, he is right, never pass regulators .


#6

DRAM chips haven’t been made in the USA since the late 90s…
Some of AMD’s production lines are also now in Asia… Aquisitions of this kind are strategic in nature, so not about profit… most of which are under careful scruity on the US government hot on the heels of hacking scancals. Not particularly good timing.

If China wants to steal US technology… get some of those hydrogen fuel cell plant designs and make cheap hydrogen to become the next oHec of hydrogen by electroysis of water by solar panels. It is now becoming clear that storage as hydrogen is hundreds of times MORE efficient than storing as a BATTERY array.


#7

Hydrogen is no panacea for energy problems…
because elemental hydrogen though energetic and efficient is incredibly bulky…

And containing it as “gas” requires bulky and heavy tanks, even when stored as a cryogenic liquid hydrogen requires very bulky tanks for a given amount of energy as compared to hydrocarbon fuels. not to mention the energy required to compress
and cool it to liquid form.

The “green” movement has latched onto hydrogen while ignoring very real engineering problems…

Not to mention very real problems against their ideals by inviolate physical laws…

(starting with the laws of thermodynamics, but by no means ending with them…)


#8

As a “green” myself , I know about the 2nd law
.
of the internet. I paraphrase:
“in any on - line exchange irritation increases”. ; )