Morrison & Foerster is advising U.S. semiconductor giant Intel Corp. on a $1.5 billion investment in China’s Tsinghua Unigroup Ltd.

Tsinghua Unigroup is a technology and infrastructure subsidiary of Tsinghua Holdings, a Chinese state-owned investment company associated with Tsinghua University. Last year, the subsidiary bought Shanghai-based mobile phone chipmaker Spreadtrum Communications Inc. for $1.78 billion and fellow Chinese semiconductor maker RDA Microelectronics Inc. for $917 million.

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