The flop of Tsinghua’s $23 billion USD bid for memory chip maker Micron clearly hasn’t dulled their appetite for U.S. hardware makers.

Unisplendour Corp., a branch of Tsinghua Unigroup group, has inked a deal with U.S.-based hard drive company Western Digital, agreeing to hand over $3.8 billion in return for a 15% percent stake, reports Bloomberg.

The purchase is still currently pending approval, though it would mean the Chinese company could be the largest shareholder of Western Digital. They will also have the option to appoint a board member to the U.S. company. 

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Cate Cadell

Cate is a tech writer. She worked as a journalist in Australia, Mongolia and Myanmar. You can reach her (in Chinese or English) at: @catecadell or catecadell@technode.com