Tsinghua Unigroup’s Failed Attempts to Buy America’s Semiconductor Tech

Like and subscribe. This is an archive channel, i'm not the owner of the content, check the link in the end. Early November 2020, Chinese semiconductor maker Tsinghua Unigroup (紫光集團) defaulted on $197 million (1.3 billion RMB) of its bonds. China's credit rating agencies downgraded the company's credit rating. The potential for a downward credit spiral is very real.

This company might not ring many bells. People might recognize the Tsinghua part of the name. It is the name of a famous university in Beijing. But not all that much else. Who cares about another company in China - even one with partial state backing - defaulting on its bonds?

I'll talk more about the default later. But to me, this company is interesting because of the "Buy Buy Buy" acquisition strategy China pursued in semiconductor technology development for several years during the 2010s.

In this video, I want to talk about Unigroup, its rise to prominence and its history of company acquisition.

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