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Top related persons:
Hui Ka Yan - 1 Xi Jinping - 1 ZHAO WEIGUO - 1 Tsinghua Unigroup - 1 Zhao - 1 Bao - 1 Morgan Stanley - 1 Didi - 1
Top related locs:
China Chinese Guangdong Shanghai Hong Kong Hainan CHINA
Top related orgs:
HK - 1 Evergrande - 1 TSINGHUA UNIGROUP - 1 Tsinghua University - 1 Tsinghua - 1 OF CHINA - 1 China Renaissance Holdings - 1 Credit Suisse Group - 1

Search resuls for: "ZHAO WEIGUO"


5 mentions found


☆ Evergrande founder joins list of Chinese tycoons investigated, arrested
  + stars: | 2023-09-29 | by ( ) www.reuters.com   time to read: +4 min
Following is a list of some other high-profile Chinese executives who have been investigated or arrested under Xi's leadership. BAO FAN, FOUNDER OF CHINA RENAISSANCEThe founder of China Renaissance Holdings (1911.HK) was detained in February and the investment bank said in August he was co-operating with authorities as investigations continued. Wu was arrested in June 2017 amid Beijing’s campaign to curtail big-spending conglomerates as it cracked down on financial risk. YE JIANMING, FOUNDER OF CEFC CHINA ENERGYIn 2017, Ye's CEFC agreed to buy a nearly $9.1 billion stake in Russian oil major Rosneft. A year later, he was investigated for suspected economic crimes and disappeared from public view in March 2018.
Persons: Hui Ka Yan, Xi Jinping, ZHAO WEIGUO, Tsinghua Unigroup, Zhao, Bao, Morgan Stanley, Didi, XIAO JIANHUA, Xiao, CHEN FENG, TAN XIANGDONG, GROUP, Tan, WU XIAOHUI, Wu, JIANMING, Ye's CEFC, magazine's, Kane Wu, Selena Li, Anne Marie Roantree, Miyoung Kim, Lincoln Organizations: HK, Evergrande, TSINGHUA UNIGROUP, Tsinghua University, Tsinghua, OF CHINA, China Renaissance Holdings, Credit Suisse Group, OF, China's Communist Party elite, Reuters, HNA, Hainan Airlines, Deutsche Bank, Hilton Worldwide, Prosecutors, Thomson Locations: China, Chinese, Guangdong, Shanghai, Hong Kong, Hainan, CHINA
☆ China Cites Chip Conglomerate’s Former Chief in Corruption Probe
  + stars: | 2023-03-20 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
SINGAPORE—China’s top antigraft watchdog said it uncovered evidence of corruption on the part of the former chairman of chip conglomerate Tsinghua Unigroup Co. and was handing his case over to prosecutors. Zhao Weiguo , 55, was found to have illegally delegated family members and friends to operate Tsinghua Unigroup during his tenure and improperly procured goods and services from companies managed by his associates, China’s National Supervisory Commission said Monday.
☆ Chinese Antigraft Watchdog Lodges Corruption Allegations Against Ex-Head of Chip Conglomerate
  + stars: | 2023-03-20 | by ( Raffaele Huang | ) www.wsj.com   time to read: 1 min
SINGAPORE—China’s top antigraft watchdog leveled corruption allegations against the former chairman of computer-chip conglomerate Tsinghua Unigroup Co. and referred his case to prosecutors. China’s National Supervisory Commission on Monday accused Zhao Weiguo, 55 years old, of improperly buying goods and services from companies managed by his associates and of illegally involving family members and friends in Tsinghua Unigroup’s operations.
☆ Foxconn unit to sell stake in Chinese chip firm Unigroup
  + stars: | 2022-12-16 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Ann WangTAIPEI, Dec 17 (Reuters) - Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup. Foxconn, a major Apple Inc (AAPL.O) supplier and iPhone maker, disclosed in July it was a shareholder of Tsinghua Unigroup. Xingwei controls a 48.9% stake in a different entity that holds a 20% stake in the vehicle owning all of Unigroup. The company has been seeking to acquire chip plants globally as a worldwide chip shortage rattles producers of goods from cars to electronics. Originating as a branch of China's prestigious Tsinghua University, Tsinghua Unigroup emerged in the previous decade as a would-be domestic champion for China's laggard chip industry.
☆ China had a plan to dominate tech and become the world's most powerful country. It's all gone wrong.
  + stars: | 2022-09-08 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +15 min
Semiconductor chips are the tiny brains that power our technological world, from cars and cellphones to fighter jets and advanced missile systems. Right now China is awash in money for tech, but you need the right people and customers that trust you. Why China needs the chipsThe Chinese economy is big, but it isn't wealthy. In other words, China needs a more lucrative line of business the same way someone with credit-card debt needs a raise. The Made in China 2025 plan lays out a goal for domestically manufactured chips to meet 70% of China's semiconductor needs within three years.
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