Tsinghua Unigroup(紫光集团)

Fast facts
- Year Founded
- 1988
Source: Unigroup Websitewww.unigroup.com.cn/ebout/chairman's-note.html
- HQ Location
- Beijing, China
- Publicly Traded?
- No
Source: Unigroup Websitewww.unigroup.com.cn/ebout/chairman's-note.html
- Overseas Operations
- Yes
Tsinghua Unigroup is the third largest designer of commercially available mobile phone chips in the world, accounting for 20 percent of the global SIM card market. The company is integrating its expertise with international operations to become a trusted partner of such world-class technology companies as Intel, Hewlett Packard Enterprise and Western Digital. It also has invested in 60 R&D centers around the world, with locations in China, the United States, France, Germany, Singapore, India and Thailand.Source: Unigroup Websitewww.unigroup.com.cn/en/about/chairman's-note.html
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
Source: Unigroup 2019 Annual Reportnpdf.dfcfw.com/pdf/H2_AN202005111379566657_1.pdf
Valuation
Employees
Source: Qichachawww.qcc.com/firm/dcb70686dd42ffdbd19dc3fb293607a1.html
Tsinghua Unigroup is China’s leading chipmaker majority-owned by the prestigious Tsinghua University. Zhao Weiguo, the company’s CEO and also a Tsinghua alumnus, owns 34.3% of the company.
The company claims it is the world’s third-largest designer of commercially available mobile phone chips, and produces 20% of SIM cards in the global market. It is also a leading cloud service provider.
Tsinghua Unigroup’s finances have long faced investors’ skepticism, and the fears materialized in late 2020 as the company defaulted in multiple domestic and international bonds.
Source: Unigroup Websitewww.unigroup.com.cn/ebout/chairman's-note.htmlSource: Nikkeiasia.nikkei.com/Business/Markets/China-debt-crunch/Tsinghua-Unigroup-s-bond-default-Five-things-to-know
Tsinghua Unigroup's Chairman Zhao Weiguo owns 70% of the company's second largest stakeholder, Jian Kun Group. This allows Zhao to have around 34.3% Unigroup's stake.
Source: QiChaChawww.qcc.com/cbase/dcb70686dd42ffdbd19dc3fb293607a1
-
- Name
- Ownership
-
- Tsinghua Holding
Source: Qichachawww.qcc.com/firm/dcb70686dd42ffdbd19dc3fb293607a1.html
- 51.00%
- Tsinghua Holding
-
- Jiankun Group
Source: Qichachawww.qcc.com/firm/dcb70686dd42ffdbd19dc3fb293607a1.html
- 49.00%
- Jiankun Group
- Zhao Weiguo, Chairman, CEO
- Fan Xin, Vice Chairman
- Sun Juan, Director
- Wang Huixuan, Director
- Diao Shijing, Director
- Zheng Chengwu, Director
- Qi Lian, Director
- He Junmei, Director
- Zheng Bo, Director
Source: QiChaChawww.qcc.com/cbase/dcb70686dd42ffdbd19dc3fb293607a1
Tsinghua Unigroup is the third largest designer of commercially available mobile phone chips in the world, accounting for 20 percent of the global SIM card market. The company is integrating its expertise with international operations to become a trusted partner of such world-class technology companies as Intel, Hewlett Packard Enterprise and Western Digital. It also has invested in 60 R&D centers around the world, with locations in China, the United States, France, Germany, Singapore, India and Thailand.
Source: Unigroup Websitewww.unigroup.com.cn/en/about/chairman's-note.html
Tsinghua Unigroup Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies' affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company's full sanctions status.
Tsinghua Unigroup Reputational Disclosures
Tsinghua Unigroup in December 2020 defaulted on a $450 million Eurobond and said it will constitute a cross-default. The company in November 2020 defaulted on a 1.3 billion yuan ($198.6 million) domestic bond. The cross defaults have led to stock drops of its publicly traded subsidiaries, and the board appointing a new co-CEO from Unigroup’s major stakeholder Tsinghua Holding.