Tue 03/23/2021 05:27 AM
Tsinghua Unigroup has been contemplating selling part or all of its roughly 39% indirectly held stake in subsidiary Unisoc (Shanghai) Technologies Co., according to four sources familiar with the matter.
A state-owned enterprise backed by the Shanghai municipal government has been in talks with Unigroup as a potential purchaser, though the parties have yet to sign any definitive agreement, according to two of the sources.
Although it remains unclear whether the disposal will...
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