Chip industry: Ministry could stop Siltronic takeover

The takeover of Munich-based chip supplier Siltronic by its larger Taiwanese rival Global Wafers could fail due to resistance from the German government. The maker of silicon wafers for semiconductor production signaled Friday evening that hopes for approval of the transaction by the Federal Ministry of Economics and Technology were fading: No signals were coming from there “as to whether and under what circumstances a clearance certificate under foreign trade law” could be issued, Siltronic said. There is no progress in the talks.

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