RDA Microelectronics Announces Receipt of $18.00/ADS Acquisition Proposal from Tsinghua Unigroup

RDA Microelectronics (NASDAQ: RDA ) today announced that its Board of Directors received a preliminary, non-binding proposal letter (the "Unigroup Proposal") from Tsinghua Unigroup Ltd. ("Unigroup"), an operating subsidiary of Tsinghua Holdings Co. Ltd., a solely state-owned limited liability corporation funded by Tsinghua University in China, pursuant to which