Chipmaker Tsinghua Unigroup will invest RMB300 billion (US$47 billion) over the next half-decade in an attempt to break into the global chip-making industry’s top three, Reuters reported, citing an interview with Chairman Zhao Weiguo. Zhao also said the company, controlled by Tsinghua University, was in talks with a US-based company for a deal that could be finalized as early as the end of November, though he said buying a majority stake was unlikely. Currently the top three chip-makers are, in ascending order, Qualcomm, Samsung and Intel. The size of Unigroup’s planned investments is almost equal to Intel’s US$50 billion in chip revenue for 2014.