While some commentators are scratching their heads over Tsinghua University’s unsolicited $1.3bn buyout offer of smartphone chipset manufacturer Spreadtrum Communications, it really shouldn’t come as a surprise that the institution wants in on the smartphone market.

The technology behind the smartphone would even have Captain Jean Luc Picard ditching his tricorder, but what’s more astonishing is the ravenous rate at which the smartphone has spread. In the US, the smartphone has gone from consumer availability to a 50% market…