Caixin
Jul 21, 2023 06:10 PM
TECH INSIDER

Tech Insider: Unigroup’s Shareholder Squabble, Temasek’s Take on Chinese Generative AI Stocks

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Photo: VCG
Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Shareholder squabble stymies Unigroup arm’s financing plan

Debt-laden Chinese chip giant Tsinghua Unigroup has been struggling to find financing for one of its key units due to a dispute among shareholders.

Unisoc, the mobile phone chipmaking unit of Unigroup, has had its assets frozen during an ongoing lawsuit involving several shareholders that has stalled its planned IPO, one of Unisoc’s institutional shareholders said.

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