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Tuesday, January 19, 2021

View: China's would-be chip darling Tsinghua Unigroup bedevilled by debt and bad bets

Best known for an unsuccessful $23 billion bid for U.S. chipmaker Micron Technology Inc in 2015, Unigroup in November shocked investors with a default on a 1.3 billion yuan ($200 million) bond.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/38XP9Bm

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