Two more China chip projects go belly up

Following default on a $198 million debt repayment, Tsinghua Unigroup has put the construction of a NAND fab and a DRAM  fab on hold, reports the Nikkei. The NAND fab was to have been an $30 billion, 100k wpm facility in Chengdu. No orders for equipment have been placed and the project is on hold. The ...

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