Visitors check out chip maker Tsinghua Unigroup’s stand during the China International Semiconductor Expo held in Shanghai on October 14, 2020. Photo: VCG via Getty Images Visitors check out chip maker Tsinghua Unigroup’s stand during the China International Semiconductor Expo held in Shanghai on October 14, 2020. Photo: VCG via Getty Images
Visitors check out chip maker Tsinghua Unigroup’s stand during the China International Semiconductor Expo held in Shanghai on October 14, 2020. Photo: VCG via Getty Images

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

  • Tsinghua Unigroup moved a step closer to a restructuring after a creditor asked a Beijing court to start bankruptcy proceedings against the company
  • It will need to sell assets to pay off about US$30.8 billion in total liabilities

Topic |   Semiconductors
Visitors check out chip maker Tsinghua Unigroup’s stand during the China International Semiconductor Expo held in Shanghai on October 14, 2020. Photo: VCG via Getty Images Visitors check out chip maker Tsinghua Unigroup’s stand during the China International Semiconductor Expo held in Shanghai on October 14, 2020. Photo: VCG via Getty Images
Visitors check out chip maker Tsinghua Unigroup’s stand during the China International Semiconductor Expo held in Shanghai on October 14, 2020. Photo: VCG via Getty Images
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