Tsinghua Unigroup goes bust

Tsinghua Unigroup which owns Yangtze Memory and  Unisoc has gone bust. “Creditors said that our Group cannot pay off due debts, and assets are insufficient to pay off the debts –  the Group has obviously become insolvent,” says Tsinghua. Tsinghua said it has applied to the Beijing No. 1 Intermediate People’s Court for reorganization. Unigroup ...

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Nexperia signs Sourcengine

Nexperia has signed a distribution agreement with Sourcengine. Sourcengine aims to streamline purchasing and procurement by deploying various tools: BOM Tool allows any user to upload a parts list, receive instant quotes from thousands of traceable suppliers, and make a purchase all in one place. While anyone can use the BOM Tool, user registration unlocks its full capacity, ...

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Seraphim Capital targets UK space tech unicorns

Seraphim Capital, a London-based investment group focused on the Space sector, has invested £2 million into two UK companies – Isotropic Systems and Commodities AI – ahead of a space investment trust IPO. Isotropic‘s flat panel antennas aim to deliver mesh networking satellite communications capabilities by connecting to any satellite in any orbit. Seraphim states ...

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