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China's state-backed Tsinghua Unigroup Ltd is preparing a US$23bil (RM87.4bil) bid for US memory chipmaker Micron Technology Inc, in what would be the biggest Chinese takeover of a US company, people familiar with the matter said.
SINGAPORE: Companies from China dominate this years Forbes Asia's Fabulous 50 list of the regions best big publicly-traded companies.
Finnish telecoms equipment maker Nokia said it was looking at re-entering the mobile phone market by striking a licensing deal with another firm.
China's Huawei Technologies Co Ltd is ahead of schedule on smartphone shipments and will meet its 2015 target of 100 million handsets before the end of the year, according to an internal memo reviewed by Reuters.