China Business News: Inspur to buy Qimonda's R&D center in Xi'an

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Inspur to buy Qimonda's R&D center in Xi'an

Aug. 14, 2009 (China Knowledge) - Inspur Group, parent of Inspur International Limited<0596>, on Wednesday announced that it will spend RMB 30 million to buy the Xi'an R&D center of Germany-based memory chipmaker Qimonda AG, in a bid to expand its business in high-end integrated circuit design and R&D, sources reported. The acquired Qimonda R&D center will be integrated with Ins

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