China’s Unisoc looks to cut ties with Tsinghua Unigroup

August 18, 2021 10:24 am


China’s Unisoc looks to cut ties with Tsinghua Unigroup CHENG TING-FANG, NARAYANAN SOMASUNDARAM and LAULY LI, Nikkei staff writers July 20, 2021 11:57 JST TAIPEI/HONG KONG — China’s No. 2 mobile chip developer Unisoc is searching for new anchor investors at a high valuation as it tries to distance itself from its troubled parent Tsinghua Unigroup and pave the way for a long-awaited initial public offering.

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