ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Semiconductors

Alibaba emerges on shortlist to rescue chipmaker Tsinghua

Tech company sole private-sector candidate to bail out China's once national champion

BEIJING -- Chinese tech heavyweight Alibaba Group Holding is reportedly on the shortlist of potential white knights that would bail out embattled domestic chipmaker Tsinghua Unigroup, which once stood at the forefront of China's semiconductor ambitions.

Tsinghua and its creditors have settled on restructuring proposals from seven strategic investors that have expressed interest in leading the rehabilitation, the company announced Monday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more