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Automotive chip supplier Elmos Semiconductor has been informed by the German government that the proposed sale of a wafer fab to China-owned Silex Microsystems is likely to be prohibited. The sale to MEMS manufacturer Silex Microsystems AB (Järfälla, Sweden) for a net purchase price of around €85 million was agreed back in December 2021. For […]
The agency responsible appears to be reversing its previous stance on the transaction. The German government will most likely block the sale of Elmos'
The German government may decide this week to block the sale of a chip factory to a Swedish subsidiary of a Chinese company
The German government may decide this week to block the sale of a chip factory to a Swedish subsidiary of a Chinese company
Berlin grapples with its reliance on autocratic third countries for critical infrastructure.