A researcher places a semiconductor on a printed circuit board during research work at Tsinghua Unigroup in Beijing. Photo: Reuters A researcher places a semiconductor on a printed circuit board during research work at Tsinghua Unigroup in Beijing. Photo: Reuters
A researcher places a semiconductor on a printed circuit board during research work at Tsinghua Unigroup in Beijing. Photo: Reuters

Chinese chip maker Tsinghua Unigroup faces bankruptcy restructuring after creditor takes it to court

  • Tsinghua Unigroup creditor Huishang Bank has requested a bankruptcy restructuring as the conglomerate has no funds to pay off its debts
  • The state-backed group was showered with government cash and at one time was seen as China’s main hope for boosting semiconductor self-reliance

Topic |   Semiconductors
A researcher places a semiconductor on a printed circuit board during research work at Tsinghua Unigroup in Beijing. Photo: Reuters A researcher places a semiconductor on a printed circuit board during research work at Tsinghua Unigroup in Beijing. Photo: Reuters
A researcher places a semiconductor on a printed circuit board during research work at Tsinghua Unigroup in Beijing. Photo: Reuters
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