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Nov 7, 2022REGULATIONGermany

Germany likely to block Chinese takeover of Elmos chip production

The German government will likely block the Chinese takeover of Elmos' chip factory by Silex, a subsidiary of Chinese group Sai Microelectronics. Elmos announced the development on November 7, 2022.

Status

Cancelled

Productssemiconductor chips

CompaniesSilex Holdings acquirer Elmos target Sai MicroElectronics investor

Sectors#Semiconductors and Industrial Electronics

“The German government will likely block the Chinese takeover of Elmos' chip factory.”reuters.com

1 source
reuters.comGermany likely to block Chinese takeover of Elmos' chip production | ReutersNov 7, 2022

Summarized from public sources; check the original articles before acting on it.

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Germany likely to block Chinese takeover of Elmos chip production · Endata