Zhao Weiguo, the ex-chairman of Tsinghua Unigroup, a Chinese semiconductor firm, has been handed over to the procuratorate for investigation and prosecution on suspicion of duty-related crimes, according to the CPC Central Commission for Discipline Inspection and the National Supervisory Commission. The announcement was made on Monday via the agencies’ official website. Zhao’s investigation follows a string of crackdowns by Chinese authorities on high-profile business executives and tech companies, amid increasing concerns about market competition and potential financial risks. Tsinghua Unigroup is a major player in China’s semiconductor industry, with interests in chip design, manufacturing, and investment.
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