Beijing time on March 24, according to foreign media reports, the purple group chairman wei-guo zhao want to company into China's first world-class chip giant, and developed a $30 billion investment plan.

Wei-guo zhao is focusing on his ambitions on memory chips, even if part of the deal are blocked by the overseas regulatory, he didn't flinch. From the hand of the local government, investors and private equity fund to raise money to fight for the purple light group increased foreign giants such as samsung electronics chip.

"Capital is one of the world's most sentient beings, which is the most ruthless things," wei-guo zhao said in an interview in Beijing, "when you make money, it will chase you. When you can't make money, it will immediately abandon you."

Wei-guo zhao plans to raise up to $15 billion by the end of this year, for the investment plan. These funds will be raised from the hand of the local governments, the private equity fund, will be used for investment deals, increase production capacity.

Purple light group of business across the cloud computing, mobile and semiconductor. Wei-guo zhao said that the purple light group last year's sales of 13.5 billion yuan ($2.1 billion), profits of $200 million.

Purple light group met a series of overseas acquisitions, the company had considered $23 billion deal to buy the light, but it is not feasible, because the us government to stop. Last month, the purple light group of western digital $3.8 billion investment plan for the security review, the investment in the three Taiwan chip company is also facing regulatory hurdles.

"Our main problem comes from Taiwan," wei-guo zhao said, "they are reluctant to accept money from the mainland, on both sides of the trade agreements and policies is not balanced."

Purple light group also in talent recruitment business development need. At present, the purple light group focuses on mobile phones and smart card chip design. "China has a large number of excellent engineers, they like to this area. In the United States, can most talented engineers working in software companies and Internet companies," he said, "China has a huge domestic market, large chip demand, this also is a very important factor."