Jakarta –
The technology war between the United States (US) and China has started to spread to Europe. Deal chip Europe has had problems with relations with China.
Britain’s biggest chip maker has been ordered to cancel its takeover, after sales of other chip factories in Germany were also stalled. Both transactions were exposed to national security concerns and involved takeovers by Chinese-owned companies.
In Britain, the government ordered Nexperia, a Dutch subsidiary of Shanghai-listed semiconductor maker Wingtech, to sell its 86% stake in Newport Wafer Fab. Since then, staff have protested the decision, saying it endangered nearly 600 workers.
In Germany, the economy ministry banned Elmos Semiconductor, an automotive chip maker from selling its Dortmund factory to Silex, the Swedish subsidiary of China’s Sai Microelectronics.
Problem chip has emerged as a novelty in US-China tensions. Now the two troubled deals represent mounting pressure on Europe, especially as Western officials face demands to keep key sectors out of China’s control.
“This decision marks a shift to a tougher stance on Chinese investment in key European industries,” said Xiaomeng Lu, director of geotechnology at Eurasia Group. CnnMonday (11/28/2022).
“Governments around the world increasingly view the semiconductor industry as a strategic asset and seek to protect it from foreign takeover,” he added.
Shortage chip it started when the automotive industry was hit by the COVID-19 pandemic and supply chain difficulties. Conditions have been exacerbated by US sanctions on Chinese tech companies.
The shortage causes many producers to panic and buy big for inventories. These shortages then compress production capacity and drive up costs, as even the cheapest chip components end up costing the final product.
(help/eng)
