The German government is poised to block the sale of a semiconductor factory to a Chinese-owned company, a decision that comes just days after Olaf Scholz made his first visit as chancellor to Beijing.
A formal decision on the sale of Dortmund-based Elmos’s wafer plant is expected to be announced by Berlin following a cabinet meeting on Wednesday.
The decision to block the sale highlights increasing concerns over the security of western semiconductor technology and supply chains.
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