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Letzte Aktualisierung: November 25, 2021

Italy prevents takeover in the chip sector

The Italian government has blocked the takeover of a chip manufacturing company by China's Zhejiang Jingsheng Mechanical, Reuters reports. Zhejiang Jingsheng Mechanical wanted to form a joint venture with Applied Materials' Hong Kong branch to acquire a subsidiary of Applied Materials in Italy. Applied Materials' products include machines for manufacturing semiconductors and other high-tech components.
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