The Failure of China’s Microchip Giant Tests Beijing’s Tech Ambitions July 19, 2021 +5 a setback in China’s quest for semiconductor self-reliance. a would-be microchip champion IFTTT is facing bankruptcy NYT NYT > Business NYTimes Tsinghua Unigroup a setback in China’s quest for semiconductor self-reliance. a would-be microchip champion IFTTT is facing bankruptcy NYT NYT > Business NYTimes Tsinghua Unigroup