Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings (Che Pan/South China Morning Post)

Che Pan / South China Morning Post:
Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings  —  Unigroup requires a strategic investor with minimum total assets worth US$7.7 billion or US$3.1 billion in minimum net assets …