Debt-saddled Tsinghua Unigroup to turn from top buyer to big seller of semiconductor assets

Source: Tech – South China Morning PostTsinghua Unigroup, a technology conglomerate affiliated with China’s top university, is moving closer to bankruptcy restructuring after years of debt-fuelled acquisitions in the semiconductor industry, kicking off a potential scramble for its assets by creditors and other interested parties.Two Shenzhen-listed subsidiaries, information technology infrastructure provider Unisplendour Corp and integrated circuits designer Unigroup Guoxin Micro, announced in separate filings last week that their…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy