Chinese investor lifts stake in Dialog Semi to over 7 percent

Reuters News
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Posted: Dec 05, 2017 6:30 AM

FRANKFURT (Reuters) - An investment vehicle owned by Tsinghua Unigroup Ltd, China's top state silicon chipmaker, has raised its stake in Anglo-German Dialog Semiconductor <DLGS.DE> to 7.15 percent, according to a regulatory filing on Tuesday.

The Chinese investor increased its holding to 5.46 million shares from 5.34 million on Nov. 30, the day Dialog shares fell by 20 percent on a report that the company's main client, Apple <AAPL.O>, may design its own power-management chips.

(Reporting by Douglas Busvine and Cate Cadell; Editing by Susan Fenton)