State-backed investors to inject capital in Chinese chip conglomerate Unigroup

State-backed investors to inject capital in Chinese chip conglomerate Unigroup

Tsinghua Unigroup logo is seen at its office in Beijing, China, November 15, 2015. REUTERS/Kim Kyung-Hoon

A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.

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