The heavily indebted Chinese chip conglomerate Tsinghua Unigroup says a consortium led by two state-backed VC firms would become its strategic investor (Yang Jie/Wall Street Journal)


Source: newsakmi.com newsakmi.com

Key Topics in this News Article:

News Snapshot:

Yang Jie / [Wall Street Journal](//www.wsj.com/) : [The heavily indebted Chinese chip conglomerate Tsinghua Unigroup says a consortium led by two state-backed VC firms would become its strategic investor](//www.wsj.com/articles/indebted-chinese-chip-conglomerate-secures-state-backed-investor-11639161349?mod=djemalertNEWS) — Two state-backed venture capital firms will help the heavily indebted company restructure its assets — Tsinghua Unigroup Co. … For more updates check below links and stay updated with [News AKMI] . [Life and style] || [E Entertainment] || [Automotive News] || [Consumer Reviewer] || [Most Popular Video Games] || [Lifetime Fitness] || [Giant Bikes] [Source]