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Chinese watchdog accuses chip tycoon Zhao Weiguo of corruption

Central Commission for Discipline Inspection calls for charges  China's anti-fraud watchdog has accused Tsinghua Unigroup former chairman Zha.

Zhao Weiguo: Chinese regulator accuses chip tycoon of corruption

Zhao Weiguo formerly headed Tsinghua Unigroup, which was one of China's leading chipmakers.

Chinese regulator accuses chip tycoon of corruption

Ground News - Zhao Weiguo: Chinese regulator accuses chip tycoon of corruption

China's anti-fraud watchdog has accused chip tycoon Zhao Weiguo of corruption, in the latest sign of trouble faced by the country's semiconductor industry. Mr Zhao is the former chairman of computer chipmaker Tsinghua Unigroup.

BBCNEWS World Business Report June 4, 2024 11:35:00

he is the latest high profile figure now ensnared in an industry wide corruption dragnet.0ur asisa business reporterjoao da silva has more. it is the latest sign that chinese authorities are not done with their clean up. the former chairman of the chip maker zhao weiguo is accused of running their company as his private fiefdom. he said he handed the properties to relatives and friends and butchered goods and services making prices significantly higher than the market. prosecutors are expected to file charges. the company who once led as emblematic of what has been happening in the industry which has received billions of dollars of government investment into a that have stalled or failed. 0ver into a that have stalled or failed. over the last decade, a series of

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