News Owner of China's Only 3D NAND Maker Faces Bankruptcy

[Admin]

With over $30 billion in debt, Tsinghua Unigroup may be restructured.

Owner of China's Only 3D NAND Maker Faces Bankruptcy : Read more

 

[hotaru251]

tbh with pooh bears dream i wouldnt be shocked if his ccp would force creditors to take less to avoid bankruptcy.

...or divert $ from other places into the company so it can keep doing its business.

 

[watzupken]

If it is essential to the government, they will not be liquidated for sure. They will just be on permanent life support system by the government, similar to Huawei.

 

[lvt]

Well the company is backed by government and government is backed by court.

There will be a win-win solution for sure.