{"id":14641,"date":"2021-07-11T10:00:25","date_gmt":"2021-07-11T10:00:25","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=14641"},"modified":"2021-07-11T10:00:25","modified_gmt":"2021-07-11T10:00:25","slug":"chinese-chip-maker-tsinghua-unigroup-faces-bankruptcy-restructuring-after-creditor-takes-it-to-court","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=14641","title":{"rendered":"Chinese chip maker Tsinghua Unigroup faces bankruptcy restructuring after creditor takes it to court"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostIndebted state-backed semiconductor manufacturer Tsinghua Unigroup, once seen as China\u2019s biggest hope for reducing the country\u2019s reliance on imported chips, said on Friday that one of its creditors has requested a court to begin bankruptcy proceedings against the company.Citing its inability to pay off debts and a lack of assets that could cover those debts, the creditor requested a bankruptcy reorganisation of the conglomerate, which is also the parent company of Unisoc, China\u2019s largest\u2026<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3140678\/chinese-chip-maker-tsinghua-unigroup-faces-bankruptcy?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostIndebted state-backed semiconductor manufacturer Tsinghua Unigroup, once seen as China\u2019s biggest hope for reducing the country\u2019s reliance on imported chips, said on Friday that&hellip; <\/p>\n","protected":false},"author":0,"featured_media":14642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/14641"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14641"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/14641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/14642"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14641"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}