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<strong>Wise up to Chinese capital</strong> Wise Road Capital (WRC), a hitherto little-known Chinese company, has been in the news lately following several major mergers and acquisitions. This includes the acquisition of four factories in China from Taiwan’s ASE Group the world’s largest chip packaging and testing company a merger with China’s Tsinghua Unigroup one of China’s largest chipmakers and an attempted merger with US chipmaker Magnachip Semiconductor Corp, which fell through late last year. One cannot help but wonder how WRC, which was founded in 2015, have the financial resources to conduct major mergers and acquisitions around the

China generalYang chung hsinTsinghua unigroupMagnachip semiconductor corpUs department of the treasuryMagnachip semiconductorRoad capitalZhongguancun science parkSilicon valleyThe taipei times