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

Embattled Tsinghua Unigroup seeks fresh start under new chairman

Debt restructuring brings Chinese chipmaker under fund ownership

China is working to bolster its chip supply chains through companies like Tsinghua Unigroup amid growing tensions with the U.S.   © Reuters

CHONGQING -- Tsinghua Unigroup has appointed the head of its new parent as chairman, the state-backed Chinese chipmaker said, as the debt-laden company overhauls its leadership team.

The company announced the appointment of Li Bin, the chief of Beijing Zhiguangxin Holding, on 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