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Germany blocks Taiwanese takeover of chip supplier
The German government has blocked a Taiwanese company from buying chip supplier Siltronic. The €4.3 billion deal would have had a major impact on the semiconductor industry. Germany – and the European Union – are trying to protect domestic producers from foreign takeovers, while boosting their own share of the chip market. Also in the show: eurozone unemployment hits a record low, and the overnight hit game Wordle gets sold to The New York Times.
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By FRANCE 24 English
5
44 ratings
The German government has blocked a Taiwanese company from buying chip supplier Siltronic. The €4.3 billion deal would have had a major impact on the semiconductor industry. Germany – and the European Union – are trying to protect domestic producers from foreign takeovers, while boosting their own share of the chip market. Also in the show: eurozone unemployment hits a record low, and the overnight hit game Wordle gets sold to The New York Times.
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