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Unigroup Guoxin scraps plan to acquire Yangtze Memory

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

Unigroup Guoxin, a unit of Tsinghua Unigroup, has terminated plans to take over Yangtze Memory Technologies (YMTC), according to Tsinghua Unigroup. The decision will have no impact on the operation and development of YMTC, Tsinghua Unigroup claimed.

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