Germany Prohibits Chinese Takeover of 2 Chipmakers, Citing Security Concerns

Semiconductor chips on a circuit board of a computer in a photo illustration taken on Feb. 25, 2022. Florence Lo/Reuters

Germany’s government blocked on Nov. 9 the sale of two domestic semiconductor factories to Chinese-owned companies, citing security concerns.

“We have prohibited a non-Union investor from entering into business ventures in Germany,” Economy Minister Robert Habeck told reporters in front of the German chancellor’s office on Nov. 9.