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Tsinghua Has No Intention of Acquiring All of Lattice Semiconductor (LSCC) - DJ

April 14, 2016 1:34 PM EDT

(Updated - April 14, 2016 1:42 PM EDT)

Tsinghua Unigroup Chairman said the company has no intentions of buying Lattice Semiconductor (NASDAQ: LSCC) after disclosing a 6% stake in the company yesterday, according to reports from Dow Jones News.

In a telephone interview with Dow Jones Thursday, Tsinghua Unigroup Chairman Zhao Weiguo said, "This is purely a financial investment." He added, "We don't have any intention at all to try to acquire Lattice."



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