Unisplendour, a unit of China's state-backed Tsinghua Holdings which has been active in acquiring firms in the international semiconductor industry for the past two years has abandoned yet another acquisition.

Based on the long-term tracking conducted by ANBOUND’s research team on the overseas acquisitions made by the Chinese firms, there has been significant increase in the number of Chinese deals being reviewed by Committee on Foreign Investment in the United States (CFIUS).

The acquisitions of US tech firms by Unisplendour on Micron and Western Digital have both failed because CFIUS planned to probe it.

This seems to indicate that in this type of acquisition, Unisplendour does not want the deal to be reviewed by CFIUS.