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Shanghai's Long-Established Packaging and Testing Factory, Xiangxin Integrated Circuit Company, Files for Bankruptcy
1 day ago /
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Author：小编
The Shanghai No.3 Intermediate People's Court has officially declared Shanghai Xiangxin Integrated Circuit Co., Ltd. bankrupt. The court's ruling was based on the company's inability to settle its matured debts, compounded by the fact that its assets fell short of covering the entirety of its liabilities. Established in 2011, Xiangxin Integrated Circuit Company had primarily focused on the foundry sector, specializing in the packaging and testing of integrated circuits.
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