Beijing-backed Tsinghua Unigroup's chip projects hit by delays

Chipmaker faces cash crunch as local governments temper support

20201126 Tsinghua Unigroup

Tsinghua Unigroup has been a key player in Beijing's chip industry ambitions. © AFP/Jiji

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Two high-profile chip projects led by Chinese tech conglomerate Tsinghua Unigroup have hit significant delays, Nikkei Asia has learned -- a further sign of the problems affecting the company now that Beijing is becoming more careful about picking winners in its race for tech supremacy with the U.S.

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