????據《華爾街日報》報道，中國最大微芯片制造商紫光集團正準備斥資230億美元收購美國內存芯片廠商美光科技。

????如果進行順利，這將成為史上規模最大的中國企業在美收購行動，遠遠超過2013年雙匯以71億美元收購史密斯菲爾德食品的紀錄。

????不過，《華爾街日報》稱本次收購還只是處于籌備階段。報道還引述美光科技發言人的話說，該公司尚未接到任何收購報價。

????如果付諸實施，它很可能引起美國政府的密切關注。以前美方曾以安全為理由多次阻止中國公司收購美國企業，最著名的案例莫過于2005年中海油收購優尼科的計劃以失敗告終。

????報道指出，最有可能審核本次收購的是由來自十幾個政府部門的官員組成的美國外國投資委員會。

????不過，紫光集團在美國確實有一些盟友。去年，英特爾收購了該集團20%的股份；今年5月，惠普將設在中國的通信網絡子公司的多數股權轉讓給了紫光。

????紫光集團為清華控股旗下國有企業，后者則由清華大學控股。該集團以成為芯片制造行業領軍者為己任，它在這個領域仍落后于美國、臺灣和韓國公司。去年中國設立了200億美元的政府基金，以提升中國的芯片制造水平。

????紫光集團打算買技術，而不是開發技術。但近幾周，芯片領域出現了一陣并購風潮，安華高科技 斥資370億美元收購了博通；英特爾也和Altera達成協議，將以167億美元的價格收購后者。這縮小了紫光的可選范圍。

????如若收購成為現實，紫光的收購成本將遠低于去年，當時周期性因素仍在支撐美光的股價。從那時起，美光的股價已下跌50%以上，部分原因正是投資者認為該公司將錯過行業整合的順風車。（財富中文網）

????譯者：Charlie

????校對：詹妮

????Tsinhgua Unigroup Ltd., the biggest microchip company in China, is preparing a $23 billion bid for memory chip maker Micron Technology Inc. MU 11.30% , according to The Wall Street Journal.

????If it goes ahead, the bid would be the biggest ever acquisition of a U.S. company by a Chinese one, dwarfing the $7.1 billion purchase of Smithfield Foods by Shuanghui International in 2013.

????However, the WSJ said that the deal is still only being prepared, and quoted a Micron spokesman as saying that it hadn’t received an offer.

????If it does go ahead, the deal is likely to attract the scrutiny of U.S. officials, who have blocked Chinese takeover attempts in the past on security grounds–notably, CNOOC’s bid for oil producer Unocal Inc. in 2005.

????The body most likely to review it would be the Committee on Foreign Investments in the United States, which brings together officials from more than a dozen government departments and agencies, the WSJ said.

????Tsinghua Unigroup does have some friends in the U.S. though. Intel Corp. INTC -0.27% bought a 20% stake in the company last year, while Hewlett-Packard HPQ -0.75% sold its Chinese-based networking subsidiary to it in May.

????The state-owned company, set up by academics at the elite Tsinghua University, has taken upon itself the role of becoming a national champion in the chip-making sector, where it has lagged U.S., Taiwanese and Korean companies. China set up a $20 billion state-backed fund last year to bolster its expertise in the sector.

????Tsinghua’s options for buying in expertise rather than developing it have narrowed in recent weeks due to a wave of consolidation in the sector, with Broadcom Corp. BRCM 1.28% buying Avago Technologies Ltd. for $37 billion, and Intel agreeing to buy Altera [fortune-stock symbol=”ALTR” for $16.7 billion.

????A deal would be a lot cheaper for Tsinghua now than it would have been last year, when Micron’s shares were still supported by cyclical tailwinds. They’ve fallen by more than 50% since then–due also in part to the perception that it is missing out on the consolidation trend.