News Snapshot:
A Tsinghua Unigroup sign at a semiconductor expo in Shanghai in 2020. The company has now ditched plans for two key memory chip projects in China. (Source photos by AP and Reuters) CHENG TING-FANG, SHUNSUKE TABETA and LAULY LI, Nikkei staff writers January 26, 2022 12:33 JST | China Copy Copied TAIPEI/BEIJING -- China's state-backed Tsinghua Unigroup has scrapped major memory chip projects in two cities as new investors push to turn around the debt-stricken company that has been left reeling from U.S. restrictions on its access to vital technology. Read Next
