Tsinghua Unigroup scraps plan to acquire stake in Taiwan's ChipMOS
Tsinghua Unigroup, an investment arm of China's state-backed Tsinghua Holdings, has scrapped its plan to invest in ChipMOS Technologies, a chip test and packaging company listed in Taiwan.
Instead, ChipMOS' board had approved plans to sell a 54.98% stake in its wholly-owned Chinese driver IC manufacturing unit - ChipMOS Technologies Shanghai - for $77 million to a consortium led by Unigroup....
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