Bankrupt Tsinghua Unigroup advertises for investors
By David Manners, Electronics Weekly (July 26, 2021)
Bankrupt Tsinghua Unigroup is looking for investors to bail it out. It has debts of $30.8 billion.
The website of China’s National Enterprise Bankruptcy Information Disclosure Platform is asking for investors saying that they must have $7.7 billion in minimum total assets or $3 billion in minimum net assets.
It also says: “The strategic investors should have operational capability and managerial experience in semiconductor and cloud businesses. They must be able to promote the development of our core businesses.”
To read the full article, click here
Related Semiconductor IP
- LPDDR6/5X/5 PHY V2 - Intel 18A-P
- ML-KEM Key Encapsulation & ML-DSA Digital Signature Engine
- MIPI SoundWire I3S Peripheral IP
- ML-DSA Digital Signature Engine
- P1619 / 802.1ae (MACSec) GCM/XTS/CBC-AES Core
Related News
- Intel and Tsinghua Unigroup Collaborate to Accelerate Development and Adoption of Intel-based Mobile Devices
- Chinese chipmaker Tsinghua Unigroup to buy France's Linxens for $2.6 billion: sources
- "Insolvent" Tsinghua Unigroup Aims to Restructure
- Atmos Corporation closes $US 10 million investment round; Virage Logic leads investors
Latest News
- TSMC October 2025 Revenue Report
- Tesla Considers Building ‘Tera Fab’ to Meet Future Chip Needs
- Secure-IC, now a part of Cadence, unveils Securyzr™ Xperience, an Exclusive Gateway to Security Innovation
- QuickLogic Accelerates Space Innovation with Secure, Customizable eFPGA Hard IP
- SkyWater Technology and QuamCore Announce Collaboration to Fabricate Digital Superconducting Controller for Scalable Quantum Computing