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China Resources takes control of Konka in bid to forge chip-to-device tech giant

In June 2025, China’s State Administration for Market Regulation (SAMR) approved China Resources (CRC)’s acquisition of Konka Group without conditions, marking a key move in CRC’s expansion into consumer electronics and semiconductors. With the deal now confirmed, the focus shifts to CRC’s biggest hurdle: reviving Konka’s underperforming business through innovation and restructuring.