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
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- MIPI CSI-2 CSE2 Security Module
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
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
- Wind River Joins the CHERI Alliance and Collaborates with Innovate UK to Accelerate Cybersecurity Innovation
- Arteris and MIPS Partner to Accelerate Development for Physical AI Platforms
- DCD-SEMI expands CryptOne with EdDSA Curve25519 IP core for secure embedded systems
- Syntacore's SCR RISC-V IP Now Supports Zephyr 4.3
- Xylon Presents New 12-Channel GMSL3/GMSL2 FMC+ ExpansionBoard