Embattled Tsinghua Unigroup seeks fresh start under new chairman

Debt restructuring brings Chinese chipmaker under fund ownership

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

SHUNSUKE TABETA, Nikkei staff writer

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.

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