China Microchip Firms Go Bankrupt

NTD Newsroom
By NTD Newsroom
October 29, 2020NTD News Today
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A wave of Chinese chip-making companies going bankrupt has caught the public eye. Six of them, worth around 1.5 billion dollars each, recently declared bankruptcy. The news immediately struck the stock markets. Chip and semiconductor-related stocks plunged after days of highs.

 

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