Zhao Weiguo: Chinese regulator accuses chip tycoon of corruption
China charges Tsinghua Unigroup's former chairman with corruption - ET Telecom
Zhao Weiguo: Zhao is alleged to have handed profitable businesses to his relatives and friends to operate and purchased goods from units managed by his associates at prices higher than the market rate, the Central Commission for Discipline Inspection said.
China charges Tsinghua Unigroup's former chairman with corruption
China has charged the former chairman of chip conglomerate Tsinghua Unigroup, Zhao Weiguo, with crimes including corruption and illegally earning profits for his friends and family, the country's anti-graft watchdog said in a statement on Monday.
Chip tycoon Zhao Weiguo accused of corruption by Chinese regulators
Former chairman of computer chipmaker conglomerate Tsinghua Unigroup, Zhao Weiguo has been accused of corruption by China’s top anti-graft watchdog. This comes amid reports of key players in Beijing’s semiconductor industry being investigated on graft allegations following the government’s billions of dollars worth of investments into projects that later failed or stalled.
China Investigates Former High-Profile Chip Leader in Latest Graft Probe
China’s top anti-graft watchdog has begun an investigation of former Tsinghua Unigroup Chairman Zhao Weiguo, who becomes the latest high-profile figure ensnared in an industry-wide corruption dragnet.